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14 May 2025 12:36
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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

    		 Sailing:
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     Entertainment:
    Brooklyn Beckham "bonded" with his dad David Beckham over their love of fast cars 12:07

     Soccer:
    Interim coach Michael Mayne's rung the changes to the Football Ferns squad for friendlies against Venezuela in Spain on June 1 and 4 11:57

     Business:
    Positivity - about New Zealand's smaller banks 11:57

     Entertainment:
    Billie Piper is writing a rom-com 11:37

     National:
    How Lady Gaga acts as a custodian of hope 11:17

     International:
    This is who is going through to the Eurovision grand final from the first semifinal 11:17

     Entertainment:
    Lily Collins "couldn't be more grateful" to be a mother 11:07

     Law and Order:
    A 16-year old accused of murdering a US student has pleaded not guilty - and will go to trial in August next year 10:47

     Tennis:
    Jasmine Paolini has become the first local woman to reach the Italian Open tennis semi-finals in 11 years, triumphing in three sets after losing the first against world number 11 Diana Shnaider  10:47

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