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10 May 2025 16:09
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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
     10 May: The UK and the US have sealed a new tariff deal
     09 May: Businessman and convicted sex offender James Wallace has failed in a bid to lift his release conditions
     09 May: The Prime Minister's responding to nationwide protests over the Government's pay equity changes
     09 May: Assurance from the Government, that responding to the Abuse in Care inquiry's been a priority
     09 May: Banks will either dip into their profits, or fund out what's due -- in Reserve Bank loans
     09 May: To the financial accounts of New Zealand Rugby..
     09 May: Wellington Airport's recorded a nearly 26-million-dollar profit for the financial year, despite slumping domestic passenger numbers
     Top Stories

    RUGBY RUGBY
    Black Ferns lock Maia Roos has full confidence in Blues teammate Ruahei Demant to steer the ship in this afternoon's Pacific Four opener against Australia in Newcastle More...

    BUSINESS BUSINESS
    The UK and the US have sealed a new tariff deal More...


     Today's News

    		 Netball:
    The Central Pulse will be observers - as much as executors - as the two-point shot arrives in netball's ANZ Premiership this afternoon 15:27

     Rugby:
    Black Ferns lock Maia Roos has full confidence in Blues teammate Ruahei Demant to steer the ship in this afternoon's Pacific Four opener against Australia in Newcastle 14:57

     Netball:
    Netball New Zealand has told Newstalk ZB that it IS looking at its eligibility rules, as the ANZ Premiership gets under way today without Grace Nweke  14:57

     Living & Travel:
    Australian cardinal Mykola Bychok says conclave was the 'best time of my life' 14:17

     Accident and Emergency:
    Two people in critical and moderate condition, have been airlifted to Waikato Hospital, after an car accident in Omanawa 14:07

     International:
    Tensions and attacks are continuing to increase at the Pakistan India border this morning, as the G7 urges maximum restraint 13:57

     Rugby:
    The Blues-Moana Pasifika clash next weekend isn't just about Super Rugby Pacific bragging rights in Auckland ... family rivalry is on the line 13:27

     Law and Order:
    Diver dies in preliminary operations to recover deceased tycoon Mike Lynch's sunken superyacht 12:57

     Accident and Emergency:
    A person's died after crashing into a tree at Te Arai overnight 12:27

     Hamilton:
    A teenager is in critical condition in hospital, after being pulled from Cambridge house fire, by an off-duty cop 11:57

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