Region. Job and wages performace indicators

While the May report by the Australian Industry Group – Commonwealth Bank Performance of Services Index provides a national view, given the size and diversity of the Western Sydney economy its findings on employment and wages are relevant to the region. For example, the decline in services sector employment eased to its slowest pace in eight months. On an unadjusted basis, employment increased in the health and community services and wholesale trade. The heaviest falls in employment were recorded in the transport and storage; property and business services; and retail trade sectors. Finance and insurance and communication services registered milder rates of job-shedding. Employment remained steady in the accommodation, cafés and restaurants and personal and recreational services sectors.