Advertisement
The Australian Bureau of Statistics (ABS) today released Weekly Payroll Jobs and Wages data for the week ended 24 April 2021, which showed that payroll jobs are now running 1.9% above their pre-COVID level, whereas total wages are up 2.8%:
Jobs and wages are running above pre-COVID levels.
Payroll jobs and wages are now running higher than pre-COVID levels across every jurisdiction:
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.
Advertisement