People are less confident about their job security and earning less, a new survey suggests. Confidence about current job opportunities and job security have plunged in the wake of the Covid-19 outbreak. Westpac McDermott Miller's quarterly confidence survey shows that optimism in New Zealand's employment market has fallen sharply, falling 12.9 points to 87.3 in June, compared to March. The job security question showed many workers were not clear what would happen when the wage subsidy scheme expired over the coming months, he said. Employment confidence was down across most regions, with Auckland now the most downbeat region.

Source: Stuff June 22, 2020 21:09 UTC