Pay rises lift employment confidence; outlook weak

Mon, 24 Jun 2019

By Paul McBeth June 25 (BusinessDesk) - Employment confidence recovered from a dip at the start of the year as more surveyed workers reported pay increases. The Westpac McDermott Miller employment confidence index rose 2.7 points to 116.9 in the June quarter, reversing some of the gloomier outlook in the March period. Of that, the present conditions index rose 2.3 points to 122.4 and the employment expectations index was up 2.9 points at 113.2. The greater optimism was attributed to the rise in past earnings growth, with a net 28.6 p...

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