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Articles sur Unemployment

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Don’t bust out the champagne yet: not everyone will be able to afford it. Toni Blay

Recovery may not be enough to fix unemployment

With economic “green shoots” appearing, you might expect to see improvements in the labour market, with higher wages and lower unemployment. But don’t get the champagne out just yet: this crisis isn’t…
Australia’s unemployment is 5.5%. How does that stack up internationally? APH

FactCheck: is our unemployment rate low by world standards?

“Australia has one of the lowest unemployment rates in the developed world.” - Finance minister Penny Wong, The Drum opinion article, 14 January. Several ministers, including finance minister Penny Wong…
Australia enjoys a privileged relationship with most economies in the Asian region because of the integrated global value chain. Image sourced from www.shutterstock.com

Increasing Australia’s edge through Asian value chains

Australia is facing increasingly stiff competition from developed economies all vying for a share of the growth pie in the East and South Asian region, where Australia has integrated its value chain activities…
Smash the system, not traffic lights. flikr/bobaliciouslondon

Why aren’t unemployed young people rioting in the streets?

A fifth of Britain’s young people are out of work; how long before they snap? The International Labour Organisation has recently issued warnings about possible youth unrest in the future, as young people…
So much for green shoots. Lynne Cameron/PA

Should we really be boasting about the British jobs market?

The UK labour market has done much better than expected since the start of the recession. Although we are suffering the worst recovery for over a century – national income has shrunk by almost 3% since…
President Obama has proposed raising the minimum wage from $7.25 to $9, reigniting the debate about the effect of a wage hike on unemployment. flickr\brianwallace

Obama’s pledge to raise the minimum wage is good policy

In his State of the Union address, US President Barack Obama reignited a perennial debate in his proposal to increase the minimum wage from its current level of $7.25 an hour to $9.00 an hour. Advocating…
Tasmanians wait for the royal visitors to arrive earlier this year. The state has a population both the oldest in the country and ageing fastest.

Tackling the challenge of Tasmania’s ageing population

Along with stagnating economic growth, Tasmania is facing a major demographic challenge - rising unemployment and a population which is both the oldest in the country and ageing faster than any other state…
Sole parents face competition from other jobseekers for flexible jobs that enable them to care for their children. AAP

What the government wants to ignore about sole parents and jobseeking

It is universally agreed Newstart is inadequate, especially for the long-term support of individuals or families. The government says their solution is for recipients to get a job, but that is not easy…
With stable jobs in short supply, what does the future hold for Australia’s young workers? AAP

The precariat is recruiting: youth, please apply

The term “precariat” conveys the idea that the old working class, the proletariat, has transmuted into a new social class where work and life are characterised by precariousness and risk. While the old…
The US Federal Reserve has made explicit the economic targets it wants to reach through its monetary policy. AAP

US Fed stimulus names its targets in new policy direction

The announcement by the US Federal Reserve Bank that it would link its monetary policy to the achievement of specific economic targets beyond inflation is a new development in its approach to policy. In…
Warnings of a drop in Australia’s real GDP per capita - a measure of living standards - still provide a stark contrast to Greece, where the real GDP per capita is likely to be 25% lower in 2013 than in 2008. AAP

Do dire warnings of falling living standards add up to need for tax reform?

Last week, the Organisation for Economic Cooperation and Development (OECD) in a preliminary version of its 2012 Economic Outlook lowered its growth forecasts for Australia from 3.7% to 3.0% in 2013. This…
The Reserve Bank of Australia is expected to keep the cash rates unchanged tomorrow: but prominent economists say the case for a cut may be firming. AAP

Hold ‘em: but case for interest rate cut strengthens

CAMA’s Shadow Board, which gives its views ahead of the decision by the Reserve Bank of Australia, continues to support the current setting of the cash rate at 3.5%. But economists are seeing a greater…
Policymakers should ensure that the safety net provides adequate income for daily needs as well as ensuring that people are positioned to quickly reintegrate into satisfactory paid employment. freefotouk

No through road: path to prosperity eludes America’s jobless poor

In the late 1990s, American writer and activist Barbara Ehrenreich spent a year working in low end jobs in the United States documenting the pitifully low wages, the oppression, and barriers to upward…
Australia’s economy was relatively unscathed by the global financial crisis, according to data from the latest Melbourne Institute HILDA survey. AAP

The benign effects of the “Great Recession”

In September 2008 the sudden collapse of the investment banking sector in the US would propel much of the world - especially Western economies - into the worst economic recession since the Great Depression…
Australia’s economy is in rude health - yet people’s fears of imminent economic disaster are not groundless. AAP

Grim faces as GDP booms: what is happening here?

A simple line graph of the share of mining investment in Australia’s GDP reveals the scale of what our economy is going through. It shows that mining investment is now twice as large relative to GDP as…
Increasing workforce participation of women and older people could increase Australia’s GDP by $50 billion. AAP

How can Australian governments change the game for economic growth?

If Australian governments are serious about raising rates of economic growth, they must reform the tax mix and increase the workforce participation rates of women and older people. Each of these reforms…
There are more jobs, but even more job seekers. Flickr/Victor1558

Unemployment up, but it’s a good news story

The rise in Australia’s jobless rate for May was “a good news story”, economists said, as the largest increase in full-time jobs in 18 months was offset by an even bigger increase in the number of people…
Equal pay is not the only obstacle women face in the labour market: there’s also higher unemployment, underemployment, and heightened risk of job insecurity. Victor

Mind the gap, but there’s more to gender equality than pay parity

The quest for equal pay between men and women represents one of the oldest battle lines for feminism. The Equal Opportunity for Women in the Workplace Agency (EOWA) finds that women’s wages are now 17.4…

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