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Hot Topic Hawke’s Bay
Economics
2 mins to read

Employment confidence heads south amid 2023 gloom

Westpac McDermott Miller Employment Confidence Index fell to 108 in the December quarter.

Workers are more worried about their job security this year.

Jonathan Mitchell Thu, 19 Jan 2023

Employment confidence has fallen, mirroring other pessimistic surveys which paint a bleak picture for the economy this year.

The Westpac McDermott Miller Employment Confidence Index fell to 108 in the December quarter, from a post-Covid high of 115.2 in the September quarter.

Acting chief economist

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Jonathan Mitchell Thu, 19 Jan 2023
Contact the Writer: jmitchell@nbr.co.nz
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Tags
Westpac employment confidence RBNZ Adrian Orr OCR Economy recession
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