The success of the government’s new youth employment plan will depend on how its used by services, employers and young people alike.
Economic reality has intruded on rosy budget predictions for years now and the Pre-election Economic and Fiscal Outlook may soon challenge Treasurer Scott Morrison’s forecasts.
AAP/Mick Tsikas
Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Education and training alone are enough to tackle youth unemployment.
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The government assumes that with the right education and training, a young person will be able to get work. But this is not the case, especially for young people who live in rural and regional areas.
Poor economic performance and high levels of skilled migration are standing in the way of young Australians entering the labour market for the first time.
Standing on the sidelines.
Shutterstock/Andrew Bassett
A Universal Basic Income is essentially free money for everyone, no strings attached. And it could be the perfect response to rising unemployment due to automation.
David S. Pedulla, The University of Texas at Austin College of Liberal Arts
There’s been a lot of research on whether being unemployed hurts your ability to get a new job. But what about if you’re working part-time or below your skill level?
South Africa’s high unemployment rate is the result of a disconnect between growth in employment and growth in the labour force.
Reuters/Nacho Doce
To realise the benefit of the final phase of the demographic transition, South Africa needs to grow employment and improve the labour market prospects for its younger working-age population.
The Reserve Bank of Australia has created a new index for uncertainty in the Australian economy based on news, financial indicators and economic variables.
When agriculture is disconnected from the local economy, its contribution to local economic development is limited.
David Neves
Agriculture can only contribute to rural growth and development to the benefit of all if it links with an inclusive and diverse rural non-farm economy.
We can thank the EU for paid breaks during working hours.
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Economic growth is a necessary condition for development. But it can only pass the sufficient condition test if growth translates into high-earning jobs. Ghana’s recent history illustrates this.
Spreadsheets didn’t kill accountancy jobs, it just changed them.
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Many jobs are likely to disappear due to technology and automation, but many more are likely to be created. The greatest challenge is managing the transition.