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11 Nov 2025 17:42
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      Home > News > Business

    Confidence in the labour market is shrinking

    Confidence in the labour market is shrinking


    The Westpac-McDermott Miller index shows employment confidence has reached its lowest level since mid-Covid - in September 2020.

    It fell in four of 11 regions - including the biggest jobs market - Auckland.

    Westpac senior economist, Michael Gordon, says businesses are advertising fewer jobs.

    He says some are just looking for more specialist roles and others are overstaffed after keeping workers through the downturn.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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     Soccer:
    The injury list is growing for Auckland FC 16:57

     Law and Order:
    Police believe a shooting overnight in Christchurch's Wainoni - could be gang-related 16:57

     Law and Order:
    A man who shot and killed his friend on a night-time hunting trip had earlier smoked cannabis 16:57

     Politics:
    The US government shutdown is one step closer to ending. Here is what happens next 16:27

     Law and Order:
    Police are acknowledging a watchdog report - deeming an Auckland officer justified in shooting an armed man attempting a carjacking 16:07

     Health & Safety:
    Prince William opens up about sharing Kate's cancer fight with children 16:07

     Rugby:
    14-test All Black Hoskins Sotutu appears a step closer to a long-discussed move to England 15:37

     Netball:
    The Southern Steel have confirmed the return of head coach Wendy Frew for next year's ANZ netball Premiership 15:27

     International:
    What we know about the car explosion near Delhi's historic Red Fort landmark 14:17

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