NZ employment confidence improves as increased wages lift optimism

Sun, 03 Apr 2016

By Paul McBeth April 4 (BusinessDesk) - New Zealand workers grew more optimistic for a second quarter as a growing number of people earned more than they did a year earlier. The Westpac-McDermott Miller Employment Confidence Index rose 3.3 points to 104.8 in the March quarter, gaining for a second period from a three-year low in September. A reading above 100 indicates optimists outweigh pessimists. The present conditions index gained 5.5 points to 99.7 and the employment expectations index increased 1.8 points to 108.3. "The improve...

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