Despite highest growth since 2014, Australia’s wages continue to lag behind inflation
As per Australian Bureau of Statistics data released today, wages have climbed to 2.6 per cent, still far below inflation of 6.1 per cent.
As per Australian Bureau of Statistics data released today, wages have climbed to 2.6 per cent, still far below inflation of 6.1 per cent.
New data by the Australian Bureau of Statistics reveals the inflation rate has increased to 6.1 per cent, the highest since 1990.
As the Australian jobs market continues to strengthen, latest figures from the ABS indicate the underemployment rate has hit a 14-year low.
Victoria has claimed a post-lockdown victory with promising employment numbers that place the state ahead of the rest of Australia.
Retail turnover saw another small rise in March, up 0.3 per cent following a 0.7 per cent climb in February 2015.
Approximately 37,700 more Australians entered the Labour Force in March, decreasing the nation’s estimated seasonally adjusted unemployment rate to 6.1 per cent.
The January rise follows a climb in December, culminating in the fastest retail turnover rise in three months and the eighth consecutive month to experience a rise in retail spending.
Australia’s unemployment level has jumped to its highest point in twelve years, climbing another 0.3 per cent from December’s employment rate.
Retail turnover saw a small rise in November, according to the latest Retail Trade figures released by the Australian Bureau of Statistics (ABS).
Less Australians are experiencing work-related injuries and illnesses, according to figures released today by the Australian Bureau of Statistics (ABS).