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Australian wages saw an unexpected 3.4% annual boost, mainly driven by increases in public sector jobs.
Australian wages unexpectedly surged by 3.4% annually to March, surpassing forecasts of a 3.2% rise.
The public sector led with a 3.6% annual wage increase, while private sector wages stayed steady at 3.3%.
The boost was partly due to pay hikes in childcare and aged care.
The Reserve Bank of Australia had predicted a 3.4% wage growth by June, and they will monitor the job market's impact on inflation.
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Los salarios australianos experimentaron un inesperado aumento del 3,4% anual, impulsado principalmente por el aumento de los empleos en el sector público.