The average full-time worker is about $3700 better off than they were a year ago, according to new data analysis being spruiked by Treasurer Jim Chalmers. Treasury analysis of Australian Bureau of Statistics data shows earnings for the average full-time worker increased 3.9 per cent in the first year ofContinue Reading
Wages are growing at their fastest rate in nearly a decade, with low-skilled workers reaping the greatest benefits. Treasury analysis of Australian Bureau of Statistics data has revealed that the wage price index increased one per cent in the September quarter, to be 3.1 per cent higher through the year.Continue Reading
Australia’s unemployment rate has remained stable at 3.4 per cent while workforce participation returned to a record high, new data reveals. Official estimates from the Australian Bureau of Statistics’ labour force survey indicate unemployment remained steady through November. About 33,000 jobs were added to the economy over the month, theContinue Reading