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28 Dec 2025 13:41
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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

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     Top Stories

    RUGBY RUGBY
    Reigning world champion Luke Littler has fired a warning to his rivals after a dominant display in the third round of the world darts championship in London More...

    BUSINESS BUSINESS
    A dip in sales and wild weather hasn't dampened retailers' spirits - with hopes things will turn a corner in 2026 More...


     Today's News

    		 Rugby:
    Reigning world champion Luke Littler has fired a warning to his rivals after a dominant display in the third round of the world darts championship in London 13:37

     Soccer:
    Aston Villa manager Unai Emery's urging his team to be humble as their Premier League winning streak gathers steam 13:27

     Entertainment:
    James Ransone's widow Jamie McPhee has thanked him for giving her the "greatest gifts" by fathering their two children 13:20

     Law and Order:
    Three people have suffered serious injuries following a mass brawl in Auckland Central's CBD this morning 13:17

     Cricket:
    New Zealand pace bowler Kyle Jamieson accepts the Black Caps' decision NOT to parachute him into the squad for the recent test series win over the West Indies 13:07

     Entertainment:
    Michael Douglas spent "a lot" of time talking to Rob Reiner about his son Nick Reiner's drug problems 12:50

     Environment:
    Wet weather's predicted to storm through the North Island heading in to New Years, hitting the eastern facing coasts hardest 12:47

     Entertainment:
    Kate Winslet believes life is "better" with a "good meal and a good poo" 12:20

     International:
    Parents in China use AI technology to monitor children's homework 12:17

     Entertainment:
    Alec Baldwin battled suicidal thoughts in the aftermath of the Rust shooting 11:50

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