Labour Market Reports - Archive
WAGE GROWTH - March 2007 QUARTER
This section contains archived information that has been retained for reference purposes. To view current reports, please go to the Labour Market Information section.
Long Description for Figure 2: Wage Growth and Skill Shortages
| Adjusted Labour Cost Index | Difficulty of finding skilled staff (QSBO), advanced 5 quarters | |
|---|---|---|
| Annual % change | Net % of firms | |
| Mar-94 | 1.0 | 0.0 |
| Jun-94 | 0.9 | 8.0 |
| Sep-94 | 1.2 | 13.0 |
| Dec-94 | 1.2 | 19.0 |
| Mar-95 | 1.3 | 27.0 |
| Jun-95 | 1.4 | 37.0 |
| Sep-95 | 1.5 | 44.0 |
| Dec-95 | 1.9 | 52.0 |
| Mar-96 | 1.9 | 55.0 |
| Jun-96 | 1.9 | 46.0 |
| Sep-96 | 1.9 | 47.0 |
| Dec-96 | 2.0 | 45.0 |
| Mar-97 | 2.2 | 42.0 |
| Jun-97 | 2.5 | 38.9 |
| Sep-97 | 2.4 | 29.7 |
| Dec-97 | 2.2 | 23.7 |
| Mar-98 | 1.9 | 23.2 |
| Jun-98 | 2.0 | 14.6 |
| Sep-98 | 1.9 | 8.8 |
| Dec-98 | 1.8 | 9.3 |
| Mar-99 | 1.7 | 7.8 |
| Jun-99 | 1.4 | 5.3 |
| Sep-99 | 1.5 | -4.3 |
| Dec-99 | 1.4 | -12.1 |
| Mar-00 | 1.4 | 5.2 |
| Jun-00 | 1.6 | 13.7 |
| Sep-00 | 1.5 | 19.4 |
| Dec-00 | 1.6 | 23.6 |
| Mar-01 | 1.8 | 31.1 |
| Jun-01 | 1.8 | 36.9 |
| Sep-01 | 2.0 | 33.3 |
| Dec-01 | 2.1 | 37.0 |
| Mar-02 | 2.0 | 41.7 |
| Jun-02 | 2.1 | 44.1 |
| Sep-02 | 2.2 | 42.4 |
| Dec-02 | 2.1 | 38.7 |
| Mar-03 | 2.3 | 25.1 |
| Jun-03 | 2.3 | 32.8 |
| Sep-03 | 2.3 | 39.4 |
| Dec-03 | 2.4 | 36.8 |
| Mar-04 | 2.2 | 39.2 |
| Jun-04 | 2.3 | 43.4 |
| Sep-04 | 2.2 | 33.2 |
| Dec-04 | 2.5 | 39.9 |
| Mar-05 | 2.5 | 49.8 |
| Jun-05 | 2.7 | 44.8 |
| Sep-05 | 3.1 | 48.4 |
| Dec-05 | 3.0 | 53.7 |
| Mar-06 | 3.3 | 61.2 |
| Jun-06 | 3.2 | 60.1 |
| Sep-06 | 3.2 | 44.6 |
| Dec-06 | 3.2 | 43.1 |
| Mar-07 | 3.1 | 33.4 |
| Jun-07 | 26.4 | |
| Sep-07 | 25.0 | |
| Dec-07 | 21.4 | |
| Mar-08 | 28.9 |