Back to today’s briefing

Story perspectives

Employment Confidence Edges Up, Yet Pessimism Persists

6/25/2025

37 4

Summary

Story summary

The Westpac-McDermott Miller Employment Confidence Index rose by 0.5 points to 88.8 in June 2025.
A score below 100 reflects greater pessimism than optimism among respondents.
Sentiment remains weak, particularly concerning job prospects and earnings growth.
The index has shown little change over the past year, staying close to post-COVID lows.

1 of 1

Story summary

The Westpac-McDermott Miller Employment Confidence Index rose by 0.5 points to 88.8 in June 2025.
A score below 100 reflects greater pessimism than optimism among respondents.
Sentiment remains weak, particularly concerning job prospects and earnings growth.
The index has shown little change over the past year, staying close to post-COVID lows.