Male workers bear brunt of COVID economic pain

The Australian Bureau of Statistics (ABS) today released its high frequency Weekly Payroll Jobs and Wages in Australia survey, which revealed that payroll jobs remain 4.1% below their pre-COVID mid-March level, whereas total wages remain 3.3% lower:

In raw number terms, there were around 440,000 fewer payroll jobs in single touch payroll (STP) enabled businesses on 3 October versus 14 March 2020.

As expected, Victoria continues to drag the national average down:

Whereas males have suffered bigger job and wage losses than females, debunking claims of a “pink recession”:

Accommodation and food services has suffered the biggest falls in both payroll jobs and wages since mid-March:

Finally, medium and smaller businesses have been hit hardest by job losses:

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