Labour market
Australian Industries Ran a 4.4-to-1 Gap in Unfilled Jobs. Their Pay Rises Landed 0.78 Points Apart.
Through the tightest labour market Australia has recorded, mining left 4.57% of its jobs unfilled and education 1.03%. Mining's wages grew 3.55% a year; education's grew 3.36%. Across eighteen industries the rank correlation between how badly an industry needed workers and how fast it raised pay was 0.04, and the jobs did not move either.
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