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27 Mar 2025 10:02
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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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     25 Mar: The National Emergency Management Agency's assessing whether a 6.7 magnitude earthquake off the bottom of the South Island has created a tsunami risk
     25 Mar: Claims Wellington's residential property market is improving
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     Today's News

    		 Entertainment:
    Drew Barrymore was ghosted after a recent first date 9:31

     Accident and Emergency:
    One person has died and another has minor injuries, after a two-vehicle crash north of Rangitikei last night 9:27

     Entertainment:
    Vittoria Ceretti finds it "annoying" when women dating famous men are known as "the girlfriend of" their partner 9:01

     Business:
    Liam Lawson's future at Red Bull in Formula One remains gridlocked by speculation 8:57

     Entertainment:
    Mark Morrison has been arrested in Florida on charges of battery 8:31

     International:
    US national security adviser takes 'full responsibility' after Atlantic editor added to war group chat 8:17

     International:
    US Defence Secretary Pete Hegseth shared start time of attack on Yemeni militant 8:17

     International:
    Vladimir Putin's 'crazy' ceasefire demands include blueprint for 'New Russia' 8:07

     Living & Travel:
    All services have been cleared to resume on Wellington's train lines - but major delays are still expected 8:07

     Politics:
    The Law Association is calling the recent passing of sentencing law changes - a great example of democracy in action 8:07

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