Published: November 14, 2018
Yes, things are better, but we’re not quite at ‘good times are here again’ levels
The latest wages growth data released by the bureau of statistics on Wednesday has provided good news for the government. Wages are now growing faster than they have for three years and the news is generally good across all industries. We are finally seeing real wages increasing, albeit at a much slower rate than in the past.
After four-and-a-half years of slowing wages growth, we now finally seem to be back in a more regular scenario in which growth is mostly increasing – from an annual low in March 2017 of 1.9%, the latest growth is up to 2.2% in trend terms and 2.3% seasonally adjusted:
Continue reading...from The Guardian https://ift.tt/2OIQ8bt
via
0 Comments