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Recent Posts
- Real wage cuts do not stimulate employment
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- Saturday Quiz – June 15, 2013 – answers and discussion
- Saturday Quiz – June 15, 2013
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Full employment abandoned: shifting sands and policy failures
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Category Archives: Labour costs
No joy for Australia’s low paid workers
The Fair Work Commission, the Federal body entrusted with the task of determining Australia’s minimum wage handed down its – 2012-13 decision – today. The news was not good for more than 1.5 million workers (out of some 11.6 million) … Read the rest of this entry
Posted in Labour costs
12 Comments
Low pay workers dudded again in Australia
On Friday (June 3, 2011) Fair Work Australia which is the body that formally sets the minimum wage in Australia handed down its Annual Wage Review 2010-11 decision. The Minimum Wage Panel of FWA released its second Annual Wage Review … Read the rest of this entry
Posted in Economics, Labour costs
12 Comments
NAIRU mantra prevents good macroeconomic policy
Today I have been working with various datasets (labour costs, long-term unemployment) and this blog provides some interesting aspects of what is going on at present. The blog should also be seen in the context of a speech made yesterday … Read the rest of this entry
Posted in Economics, Labour costs
13 Comments
Full employment apparently equals 12.2 per cent labour wastage
There is an election campaign upon us in Australia now and one of the themes the government is developing by way of garnering credit for its policies is that Australia is operating at near full employment thanks to their economic … Read the rest of this entry
Posted in Economics, Job Guarantee, Labour costs, Labour Force
12 Comments
Federal minimum wage increase not generous enough
Today, Fair Work Australia, the new body that the incoming Labor government set up to replace the Fair Pay Commission, which the conservatives had crafted to cut real wages, released its first decision. The Minimum Wage Panel of FWA released … Read the rest of this entry
Posted in Economics, Labour costs
38 Comments
No wages breakout in Australia evident
Today the Australian Bureau of Statistics released the Labour Price Index, Australia data for the March 2010 quarter and it shows that we are back on the path to suppressing real wages growth while productivity growth has picked up strongly. … Read the rest of this entry
Posted in Economics, Labour costs
16 Comments



