{"id":13346,"date":"2016-05-18T20:10:13","date_gmt":"2016-05-19T00:10:13","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=13346"},"modified":"2016-05-18T20:10:13","modified_gmt":"2016-05-19T00:10:13","slug":"wage-growth-hits-fresh-lows-abc-news","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/18\/wage-growth-hits-fresh-lows-abc-news\/","title":{"rendered":"Wage growth hits fresh lows | ABC News"},"content":{"rendered":"

From Michael Janda:<\/p>\n

Wage growth has hit a fresh record low, with workers’ pay rising just 0.4 per cent last quarter and 2.1 per cent over the past year. The latest seasonally adjusted Bureau of Statistics Wage Price Index is growing at the lowest level since the data began in the September quarter of 1998. The weakness in pay rises is particularly evident in the private sector, where wages edged just 1.9 per cent higher over the year to the end of March….<\/p><\/blockquote>\n

\"Wage<\/p>\n

Says a lot for the state of the economy when compared to US wage growth which has recovered to close to 2.5pc a year:<\/p>\n

\"US<\/p>\n

Source: Wage growth hits fresh lows, ABS index shows – ABC News (Australian Broadcasting Corporation)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From Michael Janda: Wage growth has hit a fresh record low, with workers’ pay rising just 0.4 per cent last quarter and 2.1 per cent over the past year. The latest seasonally adjusted Bureau of Statistics Wage Price Index is growing at the lowest level since the data began in the September quarter of 1998. … <\/p>\n

Continue reading “Wage growth hits fresh lows | ABC News”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[3623],"class_list":["post-13346","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-wage-growth"],"yoast_head":"\nWage growth hits fresh lows | ABC News - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wage growth hits fresh lows | ABC News - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Michael Janda: Wage growth has hit a fresh record low, with workers’ pay rising just 0.4 per cent last quarter and 2.1 per cent over the past year. 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RBA Governor Phil Lowe's announcement: As is the case in most countries, inflation in Australia is too high. Over\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31434,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/03\/10\/job-openings-fuel-inflation\/","url_meta":{"origin":13346,"position":1},"title":"Job openings fuel inflation","author":"Colin Twiggs","date":"March 10, 2022","format":false,"excerpt":"Job openings decreased slightly in January, to 11.26 million from 11.44 in December, leaving a worker shortage of at least 5 million when compared to unemployment at just 6.27 million. Hourly wage rate growth -- 6.65% year-on-year in February -- is likely to remain high until the gap between job\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/"},"img":{"alt_text":"Job Openings, Unemployment & Hourly Wage Rates","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-10-jolts.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-10-jolts.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-10-jolts.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-10-jolts.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":15585,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/07\/07\/us-adds-222-thousand-jobs\/","url_meta":{"origin":13346,"position":2},"title":"US adds 222 thousand jobs","author":"ColinTwiggs","date":"July 7, 2017","format":false,"excerpt":"From the Wall Street Journal: U.S. employers picked up their pace of hiring in June. Nonfarm payrolls rose by a seasonally adjusted 222,000 from the prior month, the Labor Department said. The unemployment rate ticked up to 4.4% from 4.3% the prior month as more people joined the workforce..... Source:\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32710,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/05\/11\/australia-consumer-sentiment-and-inflation\/","url_meta":{"origin":13346,"position":3},"title":"Australia: Consumer sentiment and inflation","author":"Colin Twiggs","date":"May 11, 2022","format":false,"excerpt":"The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 5.6% to 90.4 in May. Readings below 90 normally only occur during major economic contractions like the 2008 global financial crisis and the 2020 COVID-19 pandemic outbreak. Bill Evans from Westpac: Two stunning developments are clearly unnerving consumers. Firstly, on April\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-10-aus-sentiment2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-10-aus-sentiment2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-10-aus-sentiment2.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":11528,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/02\/08\/heres-how-to-achieve-full-employment\/","url_meta":{"origin":13346,"position":4},"title":"Here’s How to Achieve Full Employment","author":"ColinTwiggs","date":"February 8, 2015","format":false,"excerpt":"Economic Policy Institute President Lawrence Mishel provides the U.S. House Committee on Education and the Workforce with a shopping list of measures he believes are necessary to achieve full employment. 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