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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

Understanding K1042 Steel Plate And Where It Fits In Industrial Projects

The k1042 steel plate grade is often chosen when strength, consistency, and dependable performance are essential. In industrial and construction environments, material selection is rarely about appearance alone. It is about how steel behaves under load, how it responds to... Read more

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