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Michael Gordon: Westpac senior economist on the Westpac-McDermott Miller Employment Confidence Index dropping to lowest level since 2004

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Confidence in the employment market is at an all-time low, with the Iran war still rippling through the economy.

A Westpac-McDermott Miller survey for the June quarter reveals confidence fell for public and private sector employees. 

A net 60 percent of respondents believe it's hard to find a job, up from 46 percent last quarter.

Westpac senior economist Michael Gordon says employment confidence has been weak over the past five years, and this data represents another step backwards.

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