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Productivity fall behind wage stagnation

New figures have shown a fall in labour productivity in Australia, which could help to explain why employee wage growth is hovering around record low levels despite profit growth and rising work hours.

Productivity fall behind wage stagnation
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  • mybusiness
  • April 24, 2018
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The Fair Work Commission’s Annual Wage Review 2017-18 revealed a 1.0 per cent fall in labour productivity for the December quarter of 2017, despite business profits surging by 4.3 per cent.

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