Demand for Australian Workers Remains Strong, but Real Wage Growth Falling: RBA Head

Demand for Australian Workers Remains Strong, but Real Wage Growth Falling: RBA Head
People shop in Pitt Street mall ahead of Christmas in Sydney, Australia, on Dec. 14, 2021. Brendon Thorne/Getty Images
Rebecca Zhu
Updated:

Persistent high levels of demand for workers in Australia has put pressure on wages to rise, but Australians will still be taking a pay cut in real wages.

The National Skills Commission revealed that job advertisements rose by 3.6 percent, or 9,300, in February to a total of 269,700.