Philip Lowe is grabbing a rare opportunity to push the floor under unemployment lower.
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
Australia’s unemployment rate is at what would once been regarded as full employment. But that doesn’t mean it can’t fall further.
We should ignore out-of-date and failed theories and test what full employment really means in 2018.
The job market is still tough for many Americans.
AP Photo/Lynne Sladky
The May jobs report showed that US unemployment is at about a 50-year low. That's not how it feels to many men who've never been to college.
AP Photo/Danny Johnston
The unemployment rate is now at its lowest level in 17 years and is very close to a 50-year low. Does that mean we're at full employment?
House Speaker Paul Ryan talks about the GOP tax plan.
AP Photo/Jacquelyn Martin
Unlike other age groups, 16- to 24-year-olds haven't recovered the job losses they suffered during the Great Recession. Spurring investment and growth are key to getting them back to work.
Are there enough jobs for the class of 2016?
The economy added fewer jobs than expected in May, suggesting a Fed rate hike this month is off the table. What else did we learn from the report?
Today's employment crisis is as serious as the Great Depression – so why aren't we up in arms?
Workers are still feeling a little pinched.
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The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
The “crowding out” theory underpinning arguments to slash government spending should be viewed with scepticism.
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In the lead-up to the federal government’s budget in May, we’ve been told to expect deep cuts in government spending. Such a policy is said to contribute to a short run decline in Australia’s economic…