NZ employment confidence turns positive, just, for first time since September 2011

Mon, 01 Apr 2013

April 2 (BusinessDesk) – New Zealand households’ employment confidence turned positive for the first time since the third quarter of 2011, as Canterbury and Auckland dragged up an otherwise gloomy nation. The Westpac McDermott Miller Employment Confidence Index rose to 100.7 in the first quarter from 99.1 three months earlier on a scale where 100 separates optimists from pessimists. Employment data is being keenly watched after the household labour force survey for the final three months of 2012 showed the participation rate fell to the lowe...

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