Employers are still offering decent salaries to attract new recruits, but the slowing pace of growth in advertised pay provides further evidence of a cooling jobs market.
Advertised salaries as measured by employment marketplace Seek climbed 4.4 percent in the year to January.
While strong, the result was slightly below the 4.6 percent growth recorded in the 12 months to December.
The index, which measures the change in the advertised salaries on job postings over time, has now recorded two months in a row of slowing month-on-month growth.
Seek senior economist Matt Cowgill said the moderation in advertised salary growth aligned with other easing labour market indicators such as the unemployment rate and job ad volumes….