The Australian Bureau of Statistics (ABS) has released its Weekly Payroll Jobs and Wages in Australia survey to 27 February 2021, which suggests the labour market has basically recovered back to its pre-COVID level.
According to the ABS, payroll jobs are now only 0.2% below their pre-COVID level on 14 March 2020, whereas total wages are 1.0% higher:
Payroll wages and jobs have recovered their COVID losses.
