By Leith van Onselen The September quarter Business Indicators report, released yesterday, includes aggregate wages & salaries data, which according to the ABS measures “gross earnings before taxation and other deductions” and “includes provisions for employee entitlements”. In order to get a better sense of how this data is tracking, I have deflated these aggregate
The post The decade long slump in wages & salaries rolls on appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]