High income earners most confident about employment

Thu, 21 Jan 2021

There was a strong lift in the Westpac McDermott Miller Employment Confidence Index in December as the economy continues to recover from the impact of covid-19. The index lifted to 97.6 in December versus 87.4 in September. However, the index remains below pre-covid levels. A score above 100 would indicate more optimism than pessimism.A net 30 percent of people still think jobs are hard to come by at the moment, but that compares to 50 percent in September.“The nature of the covid economic shock was an unusual one – it was larg...

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