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The Guardian

Public sector wages increase at second fastest pace in 12 years, ABS data shows



Private sector wages growth was up just 0.7% for the June quarter, the equal lowest since the end of 2021Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastPublic sector wages have increased at the second-fastest pace in a dozen years, largely thanks to a synchronised pay increase for the entire cohort in March, the Australian Bureau of Statistics (ABS) said on Tuesday.Public sector wages were up 0.9% in the June quarter, after increasing 0.6% in the March quarter – meaning pay packets had increased 3.9% in the last 12 months.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…



Source link : https://www.theguardian.com/australia-news/article/2024/aug/13/australia-wage-growth-data-june-quarter-abs

Author : Peter Hannam Economics correspondent

Publish date : 2024-08-13 04:22:58

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Tags : The Guardian

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