SEEK: Switching jobs key to higher pay

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New data from SEEK shows that advertised wages are growing more strongly (4.1%) than the Wage Price Index (2.6%); although growth is fading:

Advertised salaries

Annual advertised salary growth is above 3% everywhere but South Australia and the ACT:

Advertised salary by state
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Whereas advertised salaries across the majority of job types have grown by more than 3%:

Advertised salary by job classification

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.