Which Industries has highest pay rise in Australia

Are you working in right sector?

Australia has added an impressive 319,000 jobs in the year to August. This is massive numbers. Unemployment has been declining. The seasonally adjusted unemployment rate is steady at 5.6%

According to Australia’s wage price index released by ABS shows private sector hourly wage rates grew only just 1.78% in the year. Which is very low.

According to new research done by NAB shows, for those seeking a job where pay rates are increasing faster than normal should look as industries which have the strongest demand for workers.

“Australia’s recent strength in employment growth is being driven by just four industries: construction, healthcare and social assistance, education and training, and accommodation and food services,” said Tapas Strickland, senior economist at the NAB.

Below if chart which shows wage growth in different industries.

What industries you think will have higher pay rise in the future? Please have your comments here.