ABS: Weekly payrolls and wages still deep underwater

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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).

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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.