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The president's critics say that this has created a two-speed economy.
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The earnings figures also emphasised the "two-speed economy, " with wages in the private services sector surging by 6.6%, fueled by March bonuses in the financial sector.
BBC: Unemployment reaches 20-year low
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At the same time, many analysts have pointed out that other areas of the country's economy have not done so well, resulting in what many have termed a two-speed economy.
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If you look at New South Wales and Victoria, the states where half Australia's population reside, property markets are poor, retail and manufacturing are soft, which is the two-speed economy everyone's talking about.
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"In 2010, we expect a two-speed global economy, " HSBC Holdings Group Chief Executive Michael Geoghegan said Monday in Hong Kong.
FORBES: Magazine Article