Economists expect data due on Wednesday will show wage growth has hit a 10-year high
Economists expect data due on Wednesday will show wage growth has hit a 10-year high
4 November 2019
That's despite also predicting unemployment will bounce up over four percent, following its fall last quarter to an unexpected low of 3.9 per cent.
Westpac economist Michael Gordon says the labour market remains tight, meaning wage growth is likely to continue its gradual acceleration.
He's expecting Wednesday's figures to show annual wage growth of 2.2 percent - something not seen for a decade.
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