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Brad Olsen: Infometrics principal economist on employment confidence dropping in latest report

Kiwis’ confidence in the job market took a dive over the past three months, according to a survey conducted for Westpac.

The bank reported its confidence index, which measures responses to five questions related to employment prospects, fell by 13 points to 91.4 in the June quarter.

Infometrics principal economist Brad Olsen explains why less people are feeling optimistic.

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