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1 Nov 2025 11:54
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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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     31 Oct: Qantas is going up against Air New Zealand with direct flights into Australia
     31 Oct: An Auckland-based company has been failing to meet its Anti-Money Laundering and Countering Financing of Terrorism obligations
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     Today's News

    		 Motoring:
    Formula One's governing body has rejected criticism of Liam Lawson by Mexico's motorsport federation for a near-miss with two marshals during last weekend's Mexico City Grand Prix 11:37

     Law and Order:
    She accused him of rape, but Prince Andrew's downfall is too late for Virginia Roberts Giuffre 11:36

     Environment:
    A warning for hikers as the Great Walks summer season begins 11:06

     Business:
    Increasing demand from Asia is forecasted to boost global beef trade in the next five years 10:46

     Business:
    Economists say back to back house price increases could be a signal of recovery in the market 10:26

     Business:
    New data shows Kiwis lost significantly more money to online credit card scams last month 10:16

     Politics:
    IVF could be improved with a new AI tool being designed by an embryo research group 10:16

     Environment:
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     Accident and Emergency:
    A person's been airlifted to hospital in a critical condition following a two-vehicle crash in the Bay of Plenty 10:06

     Motoring:
    The Breakers have embarrassed the Hawks 102-60 in their Australian Basketball League match in Wollongong 8:36

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