Employers worry about rising wages; workers don't expect higher pay

Wed, 27 Mar 2019

By Jenny Ruth March 28 (BusinessDesk) - Employment confidence ebbed in the March quarter as workers became gloomier about pay rises in the coming year. The latest Westpac McDermott Miller Employment Confidence Index fell 7.1 points to 114.2 in the latest quarter. That reversed a 6.8 point increase in the December quarter but still indicates a tight labour market. “Perceptions about job opportunities were down slightly in March but they are still higher than in any prior period since the 2008 Global Financial Crisis,” says Westpac chief...

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