NZ employment confidence rises in September, wage expectations still low

Sun, 25 Sep 2016

By Sophie Boot Sept. 26 (BusinessDesk) - New Zealanders grew more optimistic about employment prospects in the September quarter with confidence lifting across age groups, regions and income categories, although workers weren't so upbeat about wages growth. The Westpac-McDermott Miller Employment Confidence Index rose 8.5 points to 110.1 in the quarter, the highest level since September 2014. A reading above 100 indicates optimists outnumber pessimists. The present conditions index gained 9.2 points to 106.8 while the employment expectat...

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