Employment confidence has bottomed out. 

The Westpac-McDermott Miller index shows it's slipped to a level not seen since the post-2020 Covid lockdowns. 

It's fallen in four of 11 regions —including Auckland— which dominated the national average. 

EMA Head of Advocacy Alan McDonald told Mike Hosking business is still doing it hard, directly impacting the ability to hire and expand. 

He says more than 60% of firms let staff go within the last year. 

LISTEN ABOVE 

Employment confidence has bottomed out.&nbsp;
The Westpac-McDermott Miller index shows it's slipped to a level not seen since the post-2020 Covid lockdowns.&nbsp;
It's fallen in four of 11 regions —including Auckland— which dominated the national average.&nbsp;
EMA Head of Advocacy Alan McDonald told Mike Hosking business is still doing it hard, directly impacting the ability to hire and expand.&nbsp;
He says more than 60% of firms let staff go within the last year.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Alan McDonald: EMA Head of Advocacy on employment confidence falling

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5023a75a-1ca4-4898-8003-b2ab014cf8f4/transcript