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Plenty of jobs but no pay rises, or RBA interest rate hike, in sight

Philip Baker
Philip BakerAssociate Editor
Updated

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There are two key features that standout from the latest employment report.

One, is the sheer number of jobs created and two, despite all these jobs we're still no closer to getting a pay rise. There's just no pressure on wages, yet.

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Philip Baker writes on markets specialising in bonds, equity markets and currencies. Based in our Sydney newsroom, Phil is a markets columnist. Connect with Philip on Twitter. Email Philip at pbaker@fairfaxmedia.com.au

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    Original URL: https://www.afr.com/markets/plenty-of-jobs-but-no-pay-rises-or-rba-interest-rate-hike-in-sight-20171214-h04hm4