NZ employment confidence steady, pay expectations and job security drop

Mon, 15 Jan 2018

By Sophie Boot Jan. 16 (BusinessDesk) - New Zealanders became slightly more confident about job opportunities in the December quarter, though most people aren't expecting a pay rise this year. The Westpac McDermott Miller employment confidence index rose 0.1 points to 113.9 in the fourth quarter, the highest level in a decade, with the present conditions index up 2.2 points to 117.9, while the employment expectations index dropped 1.4 points to 111.2. Expected earnings growth dropped 1 point to a net 24.3 percent of employees who anti...

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