Faster average wage growth in Australia has been accompanied by trend growth in labour productivity which is faster than the average of the countries shown in the table.
Not exact matches
Yes,
wage growth is now
faster than it was in the first 5 + years of the recovery, when it
averaged 2.0 percent.
The
fastest - growing
wage, meanwhile, belongs to librarians, whose salaries have increased on
average by 39 % over the past five years, due, in part, to the changing nature of their work.
That
wage will only apply to government workers, and more importantly,
fast - food workers, the latter of which rank among the lowest paid workers in New York, earning $ 15,954 / year on
average.
As such, Cuomo said,
fast food workers collect an
average of $ 6,800 in public assistance benefits each year, a total of $ 2 billion per year, which prompted him to raise wages in that sector by convening a state
wage board.
The federal minimum
wage rate is $ 7.25 an hour, and the
average hourly rate for a
fast food employee is $ 7.75.