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The New Daily
The New Daily
Politics
Matthew Elmas

The jobs market posted its best year in decades, but wages haven’t kept up

Hundreds of thousands of Australians have found work in recent months – but wages growth is lagging. Photo: TND

Australia’s jobs market has finished 2022 in a remarkably strong position – unemployment is at its lowest in more than 50 years, participation is at a record high and full-time jobs, rather than part-time, are driving things.

In what can’t be described as anything less than an immense human achievement, hundreds of thousands of Australians found work after lockdowns – many for the first time in years.

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