Hollow rhetoric … the Government is not doing all they can!

Yesterday’s labour force data which showed how quickly the labour market is deteriorating, brought some extraordinary reactions from the Federal government. So far their response suggests to me that they have no coherent plan to meet the crisis and are trying to operate within the same labour market policy framework that the previous government installed. That framework failed to achieve full employment when the economy was growing and will do nothing at all for a labour market that is now in freefall. A major shift in policy is needed. More worrying is that the labour force data shows that the teenage segment is in terrible shape. That requires immediate policy action. But the responses I have heard overnight suggest very little will be done because the Employment Minister seems to want us to believe that “there is no quick fix”. That claim is of-course nonsense. The costs of the downturn could be considerably lessened if the Government abandoned neo-liberalism and demonstrated some leadership through direct job creation.

Read more

Working less hours is not the answer!

I did an extended interview the other day for BTalk which is a CBS on-line business news site on whether working less hours was the solution the rising unemployment. You will guess right that I thought that it was not an answer and only disadvantaged workers further.

Read more
Back To Top