Average weekly earnings rise in May: Australia

Average weekly ordinary time earnings for full-time adults was $1,838 in May 2023, according to new seasonally adjusted figures released today by the Australian Bureau of Statistics (ABS).

Bjorn Jarvis, ABS head of labour statistics, said: "The annual increase of 3.9 per cent, or $68 per week, represented continuing strong annual growth in average weekly earnings for full-time workers.

"Other than a brief spike in average earnings early in the pandemic, when lower paying jobs were particularly impacted, this is the strongest annual growth since May 2013.

"The recent rise in average earnings reflects strong wage growth in the Education and training and Health care and social assistance industries.

"The gap in average weekly ordinary full-time earnings, the most commonly cited of the gender pay gap measures, fell for the second straight cycle to the lowest level on record, down to 13.0 per cent. This lines up with the increase in full-time wages in female-dominated jobs such as teaching and nursing.

"The gap is now around 0.9 points lower than just before the pandemic (13.9 per cent in November 2019), 4.4 points below where it was a decade ago (17.4 per cent in May 2013) and around 2.0 points below the pre-Mining boom low in 2005."

Average weekly ordinary time earnings, full-time adults, seasonally adjusted
Males ($)Females ($)Persons ($)
May-121,443.501,191.601,349.20
Nov-121,491.801,227.701,396.00
May-131,516.401,252.701,420.90
Nov-131,532.101,268.001,437.00
May-141,560.501,276.701,454.10
Nov-141,587.501,290.201,477.00
May-151,591.601,309.801,483.10
Nov-151,603.601,327.601,500.50
May-161,613.501,352.101,516.00
Nov-161,631.901,370.301,533.40
May-171,637.201,386.601,543.20
Nov-171,665.001,410.801,569.60
May-181,677.101,433.401,585.30
Nov-181,696.501,456.501,605.50
May-191,727.701,485.501,634.80
Nov-191,750.801,508.301,658.40
May-201,812.001,558.401,713.90
Nov-201,804.201,562.001,711.60
May-211,837.001,575.501,737.10
Nov-211,846.501,591.201,748.40
May-221,872.901,609.001,769.80
Nov-221,907.101,653.601,807.70
May-231,938.301,686.001,838.10

The ABS' Wage Price Index, released on Tuesday, also reflected strong wage growth, rising by 3.6 per cent over the year.

In the six months to May 2023, average weekly ordinary time earnings for full-time adults grew at the same pace in both the private and public sectors (1.7 per cent). However, the public sector remained higher paid, on average, at $1,999 per week compared with $1,797 in the private sector.

Average weekly ordinary time earnings for full-time workers was highest in Western Australia ($2,039) and the Australian Capital Territory ($2,028) and remains lowest in Tasmania ($1,619) and South Australia ($1,678).

Workers in the Mining industry remain the highest paid on average, at $2,854 a week for full-time employees. This is followed by those in Information media and telecommunications ($2,318) and Professional, scientific and technical services ($2,171).

The lowest paid full-time workers on average are in the Accommodation and food services ($1,347) and Other services ($1,383) industries.

Average weekly ordinary time earnings, full-time adults by industry, original
IndustryPersons ($)Males ($)Females ($)
Mining2,854.002,941.802,484.50
Manufacturing1,631.101,673.401,486.20
Electricity, gas, water & waste services2,155.402,199.501,992.80
Construction1,802.801,833.401,601.10
Wholesale trade1,685.001,762.401,508.90
Retail trade1,383.701,468.301,283.10
Accommodation & food services1,346.801,402.701,267.40
Transport, postal & warehousing1,799.701,844.701,634.20
Information media & telecommunications2,317.902,445.202,055.50
Financial & insurance services2,159.702,376.801,919.40
Rental, hiring & real estate services1,719.701,851.401,572.10
Professional, scientific & technical services2,170.902,404.201,857.40
Administrative & support services1,616.401,741.101,428.30
Public administration & safety1,964.502,011.701,906.50
Education & training1,949.702,072.201,886.20
Health care & social assistance1,807.702,124.201,678.50
Arts & recreation services1,653.301,757.201,510.30
Other services1,382.701,437.201,309.50
Total all industries1,838.101,938.301,686.00

Average earnings for part-time employees also saw strong growth over the past year, reflected in average earnings for all employees increasing by 4.1 per cent.

The ABS would like to thank businesses in Australia for their continued support in responding to our surveys during these challenging times.

/ABS Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.