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25 Nov 2025 8:19
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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
     25 Nov: The Commerce Commission is taking legal action against Mobil New Zealand's head office over wholesale pricing methods
     25 Nov: A view the Government could have gone further on changes to the building consents regime
     25 Nov: Confidence is starting to creep back to Auckland businesses
     24 Nov: Criticism of Air New Zealand's reliability - with strike action looming on December 8
     24 Nov: Air New Zealand's CEO says the pay increase offered to staff isn't less than inflation, despite union claims
     24 Nov: A polluting Waikato pig farm has been handed a record half a million dollar fine
     24 Nov: Applications are now open for the new Business Investor Visa
     Top Stories

    RUGBY RUGBY
    Confidence that Christchurch can deliver sellout Rugby League crowds More...

    BUSINESS BUSINESS
    The Commerce Commission is taking legal action against Mobil New Zealand's head office over wholesale pricing methods More...


     Today's News

    		 Rugby League:
    Kiwis team doctor Greg Macleod believes the incident involving Tongan forward Eli Katoa will serve as a cautionary tale for years 8:17

     Entertainment:
    Kaya Scodelario was "painfully shy and insecure" during her younger years 8:08

     National:
    Lifting Kiwisaver contributions to 12% makes sense – when the whole scheme is fixed 8:07

     Business:
    The Commerce Commission is taking legal action against Mobil New Zealand's head office over wholesale pricing methods 8:07

     Law and Order:
    An anonymous player involved in a Wellington club cricket match that turned into violent chaos at the weekend has blamed the melee on an umpiring decision 7:57

     International:
    Court dismisses criminal cases against Donald Trump critics James Comey and Letitia James 7:57

     Business:
    A view the Government could have gone further on changes to the building consents regime 7:47

     Entertainment:
    Jonathan Bailey has bemoaned the "limiting narratives" that stifle aspiring stars 7:38

     Health & Safety:
    Bringing healthcare closer to home could be on the horizon for Queenstown Lakes and Central Otago 7:37

     Rugby League:
    Tom Trbojevic has been named the Manly Sea Eagles' new captain in the wake of Daly Cherry-Evans heading to the Sydney Roosters 7:27

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