Employment confidence plummets
Faith in the job market has fallen across all sectors and regions, Westpac says.
Employment confidence has fallen to its lowest level in 16 years following the coronavirus crisis.
Westpac’s McDermott Miller Employment Confidence Index fell 12.9 points to 87.3. in the June quarter, its worst result since 2004.
A score below 100 shows that people are more pessimistic than
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