NewsBite

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

Philip Baker
Philip BakerAssociate Editor
Updated
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
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
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Latest In Markets

Fetching latest articles

Most Viewed In Markets

    The Australian Financial Review Magazine

    The 25 new watches you need to know now

    • Luke Benedictus and Bani McSpedden

    BOSS Financial Review

    From left: Chris Purdy, Accor vice president of corporate services and strategy for MEA APAC; Christina Ruiz, Sportsbet general manager of commercial content; Hayden Brass, chief executiv of Zea; Casey Tanks, Sime Darby Industrial Solutions chief financial office; and Felix Sekulla, National Australia Bank, executive of proprietary home loans for NSW and the ACT.

    Life & Leisure

    Koradhi played team sports in his younger years.

    Rich List

    Madeline Walker, Sue Walker, Camille Walker, Georgia Vesperman, Chad Walker and Professor Johnathan Clark at the Chris O’Brien Lifehouse cancer centre.

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