Real wages have lagged behind productivity

Index of productivity and real hourly earnings. March 1991=100

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Declined with GDP deflator, real hourly earnings = compensation of employees by the rolling 12 mth avge of employee + OMIE hours.

Chart: Centre for Future Work Source: ABS 5206.0 Tables 1, 5 & 7, 6291.0.55.001, Table 13 derived Get the data