No country for young men

Advertisement

By Leith van Onselen

Two sets of data came out last week highlighting how male workers, particularly those seeking full-time employment, have borne the brunt of Australia’s labour market adjustment towards services.

First, the Average Weekly Earnings (AWE) data, released on Thursday, revealed that male full-time earnings grew by just 1.2% in the year to May 2016, well below female full-time earnings (3.3%) and below the overall growth in earnings across the labour market (2.1%):

ScreenHunter_14548 Aug. 22 14.52

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.