Electrical engineer salaries are rising and wages are stagnating

Electrical engineers have a job well paid, according to the latest government data, with average salaries climbing in July and August to $51,800 and $53,800 respectively.

But the trend is a far cry from a decade ago, when the average salary was $51.60 an hour, according the Bureau of Statistics.

Electrical engineer salaries rose by 4.3 per cent between June and July, while wages remained stagnant at $52,400.

The latest data shows the average annual salary for an electrical engineer in 2020 was $55,000, which was up $5,500 from the previous year.

But that’s not enough for some workers, as they struggle to keep up with rising technology costs and the pressures of balancing work and family, said the Bureau.

For the average worker, this has meant they have been forced to put in longer hours and to work longer hours, said economist Anthony Durney, who tracks wages and salaries for the Institute of Economic Affairs.

“In some cases, you are taking on more responsibilities,” he said.

Even with the increase in hours, the average weekly wage in 2020 remained $1,300 higher than in 2015.

Despite this, there were also signs that salaries were starting to rise in some industries.

There were also encouraging signs in the number of people working for employers.

The number of electricians in the Australian Capital Territory rose by nearly 9 per cent to 5,500, while there were 2,600 workers in the mining industry.

Employers in the manufacturing sector, which includes the construction industry, saw a rise of about 1.4 per cent in the year to July, with the average hourly wage going up by about $1.40.

Job opportunities for engineers are growing but are still not matching the demand, according Durnes, who said more than a third of engineers in the state are still waiting for a job.

Dr David Durnay, of the Institute for Economic Affairs, says engineers are a valuable and necessary part of the economy.

He said they provide jobs and skills for workers in other sectors.

“In terms of the skills, they’re very good at those,” he told ABC News Breakfast.

They’re also great at getting people on and off the ground and also understanding the different areas of the workforce.

“We see a lot of people who are really skilled at those areas that are not necessarily in those areas as a result of the work they’re doing, but they’re also very good in those other areas,” he added.

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