NZ Q4 Westpac McDermott Miller survey is a mixed bag, but generally more positive than not.

The good:

  • the employment confidence index rises to 102.8 (from 101 in Q3)
  • a net 28% expect earnings will increase in year ahead

The not quite so good:

  • a net 21% expect jobs will be more difficult to get in a year's time (but down from 27% in Q3)

Says WPAC:

  • "That sense of nervousness chimes with other indicators we've seen pointing to slowing jobs growth in recent months"

More:

  • Present conditions index 102.8 (vs 102.1 prior)
  • Expectations index 102.8 (vs 100.3 prior)

The survey was taken Dec 1 to 10 last year. Not a forex mover.

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Info via Bloomberg report.