ABS: Weekly payrolls and wages still deep underwater

The ABS has released its Weekly Payroll Jobs and Wages in Australia data for the week ended 30 May, which posted further improvement from the lows reached on 18 April.

Total payroll jobs increased by 1.0% through May, and have recovered to a 7.5% loss by the end of May versus an 8.9% loss in the week ending 18 April:

Payroll jobs worked by females increased by 1.4% through May, versus with 0.4% for males. However, total female job losses since mid-March were still greater (8.0% compared to 6.3% for males).

All states and territories have experienced heavy losses in jobs and wages:

Younger Australians have suffered the heaviest job losses but lower wage losses (reflecting some receiving pay rises via JobKeeper):

Whereas Accommodation and food services and Arts and recreation services have suffered the heaviest job losses:

Clearly, there’s still a long way to go before the Australian jobs market recovers.

Leith van Onselen

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