Wednesday, 21 September 2022

No wages spiral here...

Salary growth easing

SEEK has developed a nifty new index for advertised salaries this year, looking at the growth in advertised salaries for jobs posted in Australia. 

Annual growth showed a broad-based decline in August, from 4.1 per cent to 3.8 per cent.


Source: SEEK

The slowdown was most in evidence in consulting, sales, and public sector roles, according to SEEK.

The wage spiral appears to be over before it even began in Australia...still sticky.