That 9% fall in hours worked is one reason why the employment growth the government will no doubt congratulate itself on in Tuesday night's budget is not resulting in much wages growth.
Monday, 7 May 2018
The steady and substantial decline in the average hours worked every month
When the Australian Bureau of Statistics started collecting the figures back in 1979 the average worker was working 153 hours a month. The latest ABS figures for March this year show that the average has dropped 139 hours a month.
That 9% fall in hours worked is one reason why the employment growth the government will no doubt congratulate itself on in Tuesday night's budget is not resulting in much wages growth.
That 9% fall in hours worked is one reason why the employment growth the government will no doubt congratulate itself on in Tuesday night's budget is not resulting in much wages growth.
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