Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt
By Jim Stanford, Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
The buying power of wages shrank a record 2.7% over the year to March, calling into question assurances about the link between low unemployment and high wage growth.
Read complete article
© The Conversation
-
Wednesday, May 18, 2022