Slight rise in wages highlights poorest yearly growth rate since 1997

By Guillermo Troncoso · 25 February 2015 · Economy

Slight rise in wages highlights poorest yearly growth rate since 1997

Wage Growth Hits Historic Low: What's Behind the Shocking Numbers?

The economy is sending a warning signal, but what does it mean for your wallet? Find out why wages are growing at their slowest rate in over two decades.

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Summary

The slight rise during the December quarter brings the year on year growth to 2.5 per cent, the lowest since the Government records on wages began in 1997.

Tags: ABS, Economy, Staff, wages