Australia’s strong jobs market and wages growth EXPLAINED

Unemployment in Australia has returned to its lowest level in almost 50 years. People looking for full time jobs are snapping them up faster than part-timers but there are still plenty of vacancies. So what are the surprise industries calling out for workers? And how is it impacting small businesses? Plus - there’s been a jump in wages but is it actually being felt in the right way. We take a look at what’s fuelled the increase and what the RBA will DO with all this economic data.. Plus can you believe there are now 8 billion people in the world? This episode takes a look at the good, the bad and the ugly of that. St. George Senior Economist Pat Bustamante and Emma Grey, Manager of Economics, Impact Economics join Gillian to explain.

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