NZ employment confidence up, though pay expectations at GFC levels

Tue, 26 Sep 2017

By Sophie Boot Sept. 27 (BusinessDesk) - New Zealanders became slightly more confident about job opportunities in the third quarter, though fewer people predicted a pay rise in the coming year. The Westpac McDermott Miller employment confidence index rose 0.4 points to 113.8 in the September quarter, the highest level since before the global financial crisis in 2008, with the present conditions index up 1.9 points to 115.7 while the employment expectations index dropped 0.6 points to 112.6. Confidence was strongest in Auckland, and firm i...

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