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20 Feb 2025 5:25
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  •   Home > News > Business

    Another sign of hope on the horizon for jobseekers

    Another sign of hope on the horizon for jobseekers


    The latest quarterly Westpac-McDermott Miller Employment Confidence Index has risen for the first time in over two years, off the back of a three-and-a-half-year low.

    Public sector workers are more pessimistic than private sector workers about their earning prospects.

    But there's growing confidence, across the board, about the availability of jobs.

    Westpac Senior Economist Michael Gordon says this result -- along with this week's job numbers -- suggest the unemployment rate won't go much higher than five-percent.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     19 Feb: Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering
     19 Feb: Meridian Energy's reached an agreement to purchase NZ Windfarms Limited
     19 Feb: House prices are continuing to fall, but some parts of the country keep bucking the trend
     19 Feb: Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today
     19 Feb: Canterbury continues to buck national property trends
     19 Feb: Another large cut to the Official Cash Rate's on the cards today
     19 Feb: Genesis Energy's bought a consented Canterbury solar farm, expected to generate 67 megawatts from 2027
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    Injuries have forced the Chiefs to keep All Blacks first five Damian McKenzie at fullback for Friday's Super Rugby tussle with the Crusaders in Hamilton More...


    BUSINESS BUSINESS
    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering More...



     Today's News

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    Wellington Phoenix skipper Alex Rufer's pushing to maximise his game time in Saturday's A-League derby against Auckland FC at Mt Smart 21:57

    Entertainment:
    Warwick Davis became emotional as dedicated his BAFTA Fellowship Award to his late wife 21:54

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    David Jonsson "didn't see a space for himself" in the industry before he won the BAFTA EE Rising Star Award 21:24

    Politics:
    Auckland's mayor asking for the chance to finish the job he's started 21:17

    Entertainment:
    'Conclave' was named Outstanding British Film at the EE BAFTAs 20:54

    Entertainment:
    Dame Maggie Smith was remembered at the EE BAFTA Awards on Sunday (16.02.25) evening 20:24

    Entertainment:
    The Prince and Princess of Wales did not attend the 2025 British Academy Film Awards as they were on holiday 19:54

    Entertainment:
    Hilaria Baldwin has opened up about the secret of keeping her marriage to Alec Baldwin alive 19:24

    Business:
    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering 18:57


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