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1 Dec 2025 7:47
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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
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     01 Dec: Business as usual is expected at Air New Zealand and Jetstar today - after warnings solar radiation could interfere with onboard computers on Airbus A320 aircraft
     30 Nov: Our sheep meat exports hit record value in October
     29 Nov: Changes to regional councils could create debate about what to do with the assets they own
     29 Nov: A global shortage of beef could be playing a key role in skyrocketing domestic mince prices
     29 Nov: Research could be the key for shoppers who actually want to get a deal this Black Friday weekend
     28 Nov: Retailers are feeling positive heading into the holiday season, as Kiwis across the country, spend more
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    BUSINESS BUSINESS
    A number of farms are converting to dairy, but cow numbers still lag behind previous peaks More...



     Today's News

    Business:
    A number of farms are converting to dairy, but cow numbers still lag behind previous peaks 7:47

    Business:
    Business as usual is expected at Air New Zealand and Jetstar today - after warnings solar radiation could interfere with onboard computers on Airbus A320 aircraft 7:37

    Motoring:
    F1 Qatar: McLaren pitstop blunder costs Oscar Piastri win, Max Verstappen closes in on Lando Norris 7:37

    Motorsports:
    The Formula One championship race will come down to next week's season-ending Abu Dhabi Grand Prix 7:37

    Politics:
    Israeli PM Benjamin Netanyahu formally asks to be pardoned from corruption charges 7:07

    Health & Safety:
    Health officials have released three new locations of interest in Wellington - as one new case is confirmed in the capital 4:47

    Politics:
    Labour says general practices using its low-interest loans, should be able to repay them within 10 years 4:37

    Environment:
    Indonesia flood death toll climbs amid cyclone devastation 23:27

    International:
    Ukraine hits two Russian 'shadow fleet' oil tankers with naval drones in the Black Sea 23:27

    Politics:
    Labour Leader Chris Hipkins says its latest health policy addresses the most common barrier to starting up a GP clinic 21:57


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