Employment confidence ticks up in December quarter

Jobseekers are more confident that the worst has past. (Image: Getty)

Wed, 15 Jan 2025

Employment confidence rose 2.4 points to 91.6 in the December quarter, led by improved perceptions of job availability, according to the latest Westpac McDermott Miller Employment Confidence survey.A reading below 100 indicates that more New Zealanders are pessimistic about the state of the labour market than are optimistic. The index also remains close to its lowest levels since the 2020 covid lockdown.However, “the survey joins a handful of indicators that point to some stabilisation in the labour market as the effects of lower int...

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