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Despite record job vacancies, Australians shouldn't expect big pay rises anytime soon – and here's why

  • Written by David Peetz, Professor Emeritus, Griffith Business School, Griffith University
Despite record job vacancies, Australians shouldn't expect big pay rises anytime soon – and here's whyRon Lach/Pexels, CC BY-NC

Something extraordinary has been happening for Australians seeking jobs in the past few months.

The number of vacant jobs on offer has soared to a new all-time high.

Figures released in budget week show there were almost twice as many jobs available in February this year – 423,500 – as in February 2020, before...

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