Advertisement
The Australian Bureau of Statistics (ABS) has released its Weekly Payroll Jobs and Wages in Australia survey, which reveals that the number of payroll jobs remains 4.5% lower than pre-COVID levels, whereas total wages are down 4.3%:
Key statistics
Between the week ending 14 March 2020 (the week Australia recorded its 100th confirmed COVID-19 case) and the week ending 5 September 2020:
The full text of this article is available to MacroBusiness subscribers
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.