NZ employment confidence slips in third quarter as expectations of job opportunities fall

Sun, 29 Sep 2013

By Tina Morrison Sept. 30 (BusinessDesk) – New Zealand employment confidence slipped in the third quarter, ending four consecutive quarterly rises, as expectations of job opportunities fell. The Westpac McDermott Miller Employment Confidence Index dipped to 102.8 in the third quarter from 104.2 in the second quarter on a scale where 100 separates optimists from pessimists. While the latest index reading remains the second-highest of the past two years, it underscores the slow and halting pace of improvement in the labour market in the years...

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