Market Alert : Australian Labour Market Update and U.S. Federal Reserve Policy Adjustments: Key Economic Insights for Investors

Weekly payroll jobs and wages data

According to the data released by the Australian Bureau of Statistics, Australia’s payroll jobs increased by 0.5% and total wages up by 0.3% between the weeks ended 29 October 2022 and 12 November 2022.

Payroll jobs increased by 0.5%, compared to an increase of 0.2% in the previous fortnight and total wages paid increased by 0.3%, compared to a decrease of 0.6% in the previous fortnight.