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Why there's no magic jobless rate to increase Australians' wages

  • Written by The Conversation
Why there's no magic jobless rate to increase Australians' wagesShutterstock

With the official unemployment rate now 4.2% – the lowest since 2008 – Prime Minister Scott Morrison has predicted a rate “with a 3 in front of it this year”. The Reserve Bank of Australia agrees, forecasting unemployment below 4% in coming months.

Many economists have been surprised at how quickly employment has...

Read more: Why there's no magic jobless rate to increase Australians' wages

Commercial Solar Installation Companies: Powering Business Efficiency and Sustainability

Rising energy costs and growing environmental awareness are reshaping how businesses think about power consumption. For many organisations, working with experienced commercial solar installation companies has become a strategic decision rather than just an environmental statement. Commercial solar systems offer long-term... Read more

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