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26 Mar 2025 13:35
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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
     Top Stories

    RUGBY RUGBY
    Representatives for Liam Lawson are uncertain about reports of his demotion from Formula One team Red Bull Racing, an unprecedented two races into the season More...

    BUSINESS BUSINESS
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? More...


     Today's News

    		 Entertainment:
    Conan O'Brien condemned "bullies" as he accepted the Mark Twain Prize for American Humor 13:31

     Cricket:
    Concerns from White Ferns all-rounder Jess Kerr about the chosen location for this afternoon's third and final T20 cricket international against Australia in Wellington 13:27

     Politics:
    The Prime Minister says staying in the Paris Climate Accord is in the country's best interests 13:27

     Law and Order:
    Cordons are now down at Murupara's police station - after police spent the morning negotiating with a person inside 13:07

     National:
    Uganda’s lions in decline, hyenas thriving - new findings from country’s biggest ever carnivore count 13:07

     Entertainment:
    Anna Faris has praised her son and her step-children for handling the loss of their home "like champs" 13:01

     Motoring:
    Representatives for Liam Lawson are uncertain about reports of his demotion from Formula One team Red Bull Racing, an unprecedented two races into the season 12:37

     Entertainment:
    Selena Gomez and Benny Blanco "made so many amazing memories" while recording their new album 12:31

     Soccer:
    Iran have qualified for their seventh football World Cup after securing a 2-all draw against Uzbekistan in Tehran 12:27

     Business:
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? 12:17

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