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26 Mar 2025 10:25
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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

     Other Business News
     26 Mar: Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help?
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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
     25 Mar: Property data firm CoreLogic is rebranding, globally, to Cotality
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    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? More...


     Today's News

    		 National:
    Lawmakers worldwide want to talk to the Meta insider whose memoir is a US bestseller – after Zuckerberg took her to court 10:07

     Business:
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? 10:07

     Rugby League:
    Dylan Walker has been released by the Warriors on compassionate grounds 10:07

     Entertainment:
    Chrissy Teigen and John Legend have adopted a puppy 10:01

     Law and Order:
    Labour's police spokesperson says despite the gang patch ban going well, the Government still doesn't have their priorities straight 9:47

     Entertainment:
    Denzel Washington doesn't see himself as a "Hollywood actor" 9:31

     International:
    Russia-Ukraine ceasefire flops again after hours of talks 'about nothing' 9:27

     Living & Travel:
    Mike Catt, the former English fullback who was bulldozed by Jonah.. 9:27

     Entertainment:
    Princess Beatrice cried "tears of relief" when her daughter Athena was born 9:01

     Education:
    Demand is increasing at one of Christchurch's charter schools, as it looks to open its doors to younger students 8:57

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