John Carran: Economist on record low unemployment, rising salaries and wages

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Recorded01 Feb 2023

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Unemployment remains at a record low of 3.4 percent and wages are continuing to rise. In the December quarter all salary and wage rates increased 4.1 percent, and in the private sector wages rose 4.3 percent. The labour market seems to remain tight, with low employment and high wages adding to cost pressures. Investment strategist and economist at Jarden, John Carran, joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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