Australia wages jump 1.0% in Q3, biggest gain in a decade
Source: Reuters
SYDNEY, Nov 16 (Reuters) - Australian wages boasted the largest rise in a decade last quarter as a super-tight labour market finally made itself felt, though pay still lags far behind inflation in a squeeze on real incomes.Figures from the Australian Bureau of Statistics out on Wednesday showed its wage price index rose 1.0% in the September quarter from the previous quarter, topping forecasts of a 0.9% increase…
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