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Average net salary. A$6,076 / $4,200.25 ... Australia's mining operations secured continued economic growth and Western Australia ... compared with a 9.2% rate ...
By comparison, in the United States mining represents only about 1.6% of GDP. [58] The mining sector employed in 2021 about 270,000 people, about 2.0% of the total labour force. [59] Australia's mining industry is 86% foreign owned; BHP is 76% foreign owned, and Rio Tinto is 83%. Between them they constitute 70% of listed mining company ...
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. [1] The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, median figures might be more representative than averages.
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 244 ] [ 245 ] [ 246 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
While only employing 50,000 mining jobs nationally coal provides a rich revenue stream for governments. [4] Premier coal mine in Western Australia, 2022 Maules Creek coal mine, 2014. Coal mining in Australia has been criticized, [5] [6] due to carbon dioxide emissions during combustion.
According to the Feb 2012 statistical data, the average full-time adult weekly income was A$1,617.90 in Western Australia (compared to A$1,406.80 in Australia as a whole). [15] Recent growth has also contributed to significant rises in average property values in 2006, although values plateaued in 2007.