Peter Martin, Crawford School of Public Policy, Australian National University
30 years ago, Labor Prime Minister Paul Keating adopted an ambitious official target for Australian unemployment. The Albanese government just passed up a historic opportunity to go even further.
Put to the test in the past two years, the idea of a “natural” rate of unemployment has failed. There’s no need to push unemployment up to any particular rate to bring down inflation.
Efforts have been made to change the patterns of inequality in South Africa. But not enough has been done. Race-based inequality is still a real problem.
Inner city occupations and shack settlements alike are the inevitable consequence of the fact that huge populations of people have to get by without a living wage.
Failed developmental promises, ever shifting domestic elite alliances and popular demand for better living conditions contributed to the military removal of Gabon’s Ali Bongo Ondimba.
Peter Martin, Crawford School of Public Policy, Australian National University
The Treasury and RBA believe Australia’s sustainable rate of unemployment is above 4%, but Australia’s leading economists think 3.75% is possible long-term, and have ideas about how to achieve it.
Peter Martin, Crawford School of Public Policy, Australian National University
Even a week ago we couldn’t have predicted this. But after good news from the US, our Reserve Bank now has a chance to cement low unemployment while controlling inflation – without more rate rises.
We estimate that unemployment and underemployment in the 13 years between 2004 and 2016 directly resulted in more than 3,000 Australian deaths by suicide.
In parts of Nigeria and Mozambique, the central governments and state institutions are either absent or unable to address the dire socio-economic conditions and related instability.
Jakub Hlávka, University of Southern California dan Adam Rose, University of Southern California
Workplace absences, along with sales lost due to the cessation of brick-and-mortar retail shopping, airline travel and public gatherings, contributed the most.