More than 50,000 young people have been unemployed for more than a year, with the average length of unemployment almost doubling – from 16 to 29 weeks – over the last six years. This means nearly 18% of…
Fears for the so-called lost generation look more valid by the day. Britain’s chancellor might have the confidence to target full employment, but the problem of getting young people into work is a genuine…
Australia’s economy is showing promising signs, with global events the main source of concern.
AAP
The Australian economy appears to be benefiting from the current expansionary stance in monetary policy, despite uncertainties in the global economy. The CAMA Shadow Board is 71% confident that the cash…
Recessions always hit young people hard. Firms’ first response to declining orders is to stop hiring new recruits rather than sacking experienced staff. Young people disproportionately rely on new hiring…
Unemployment in the euro area finally seems to be showing signs of a timid recovery, according to the winter forecasts from the EU, but that doesn’t mean that we can rest on our laurels. A bumpy ride lies…
Rising unemployment is likely to be a factor in future interest rate movements.
AAP Image/Joe Castro
The key question for interest rates this month is whether improving domestic demand will curb the increasing rate of unemployment and underemployment, or whether labour market weakness will persist. The…
There has been much written in the media over the last year about the legacy of Thatcherism and the ways in which it reshaped the British political landscape. However, in new empirical research published…
The government plans to re-introduce work for the dole, but does it work?
Shutterstock
The Work for the Dole program could again become a core element of welfare policy for the unemployed in Australia, but there is a considerable body of evidence which shows it is unlikely to help people…
While the rich countries were most affected by the global economic crisis, there are signs of recovery. Although India and China won’t go back to the days of double-digit growth, other emerging countries…
No country for young men.
Rajesh Kumar Singh/AP/Press Association Images
Yeshpal Singh is in his early thirties, his hair already streaked with grey. He sits in a university in the north Indian city of Meerut. Catch him on a good day, and he’ll tell you that he is a PhD physics…
Moving some sole parents onto the lower Newstart payments has pushed up the numbers.
Alan Porritt/AAPIMAGE
Social services minister Kevin Andrews has targeted the Disability Support Pension and Newstart, the main payment for the unemployed, for reform, branding the current level of welfare as unsustainable…
All aboard the big bucks bus … not you, sir…
Phil Wilkinson/The Scotsman/PA Wire
In a new report, Working For The Few, Oxfam warns that the fight against poverty cannot be won until wealth inequality has been tackled. The wealth of the richest 1% in the world amounts to $110 trillion…
In the UK today, there are sizeable inequalities in health – and sometimes that gap isn’t just about north versus south. In Stockton Tees in the north-east of England, for example, there’s a 15-year gap…
Unemployment is expected to rise in 2014, and some suburbs of Australia will be harder hit than others.
eliduke/Flickr
Australians are heading into 2014 with job vacancies falling, and Australian Treasury forecasts and monthly labour force data all pointing to rising levels of unemployment in the year ahead. Some local…
Use-by dates: human chromosomes with their telomeres highlighted.
NASA
Men who are unemployed for more than two years show signs of faster ageing in their DNA, according to a study published today in the journal PLOS ONE. Researchers at the University of Oulu, Finland and…
A new study sheds light on why natural spaces in cities can help keep us healthy. Researchers found that people living in neighbourhoods with a large amount of green space, such as parks or playing fields…
Unemployment has higher psychic costs for workers who identify with the Protestant work ethic.
Image sourced from www.shutterstock.com
Recently released labour force figures have shown a rise in unemployment figures to 5.8% and, with Treasury’s budget update slating a rise to 6.25% by the end of the financial year, the future doesn’t…
Tony Abbott has promised not to cut areas such as health, education and payments to the poor and disadvantaged, but a Commission of Audit report traditionally trumps such Liberal National Party promises.
AAP
There has been much, and justified, criticism, of Tony Abbott’s decision to conceal the costings of his policies until two days before the election, when the electronic media blackout will be in place…