Westpac : McDermott Miller NZ Employment Confidence Survey
29 JUNE 2015
“Employment confidence in
“There has been a loss of confidence across the board” said Richard Miller, “with almost all regions, demographic groups and income groups of employees less optimistic than they were in March 2015.”
Only a handful of regions remain optimistic
The regions who are most pessimistic about employment
are Waikato (down 10.4 to 96.9), Northland (down 10.1 to 90.2) and
“Public Sector employees are now pessimistic (down 9.5 points this quarter to 96.1 CCI), while Private Sector employees retain their optimism (but down 3.2 points to 107.6 CCI). Uncertainty about the effectiveness of government policy in stimulating growth over the coming year could underlie the conjectured shift”, suggested Richard Miller.
McDermott Miller Limited
Phone: 04 471 8502
The Consumer Confidence Index is based on a survey of a
representative sample of 1581
The Westpac: McDermott Miller Consumer Confidence Survey and Index is owned by McDermott Miller Limited. Westpac : McDermott Miller should be acknowledged as the source when citing the Index, just as Westpac-Melbourne Institute should be acknowledged when citing the Australian Index of Consumer Sentiment. Graphs supplied may be reproduced by the news media provided the Westpac: McDermott Miller logo remains inset.