Thursday, 24th November, 2016
Auckland Chamber’s November Business Confidence Survey has once again confirmed that that the availability of skilled workers, is still an issue which is holding the economy back.
Over 46% of Auckland businesses responding to the survey have confirmed they are having difficulty finding the talent they need. This has dropped marginally by 2%, from findings in Auckland Chamber’s August Business Confidence Survey.
When businesses are able to get skilled workers, they find the pool of talent is inexperienced, which limits their use and is frustrating employers says Chamber Chief Executive Michael Barnett.
The survey also revealed that confidence the general business situation in New Zealand will improve, remains high in the business community, however it has levelled out in confidence levels from earlier this year. A net 26% of respondents believe the situation will improve over the next six months, compared to August where 36% of businesses believed it would.
Businesses are cautious. This is due to the uncertainty generated by international and local events. The mood of business is very much reflective of a wait and see approach says Barnett.
Click here to view the quarterly Auckland Business Confidence Survey Report for November 2016.