Confidence in the employment market is at an all-time low, with the Iran war still rippling through the economy.

A Westpac-McDermott Miller survey for the June quarter reveals confidence fell for public and private sector employees. 

A net 60 percent of respondents believe it's hard to find a job, up from 46 percent last quarter.

Westpac senior economist Michael Gordon says employment confidence has been weak over the past five years, and this data represents another step backwards.

LISTEN ABOVE

Confidence in the employment market is at an all-time low, with the Iran war still rippling through the economy.
A Westpac-McDermott Miller survey for the June quarter reveals confidence fell for public and private sector employees.&nbsp;
A net 60 percent of respondents believe it's hard to find a job, up from 46 percent last quarter.
Westpac senior economist Michael Gordon says employment confidence has been weak over the past five years, and this data represents another step backwards.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Michael Gordon: Westpac senior economist on the Westpac-McDermott Miller Employment Confidence Index dropping to lowest level since 2004

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3ac930aa-1a36-4469-a5f1-b47200787970/transcript