Commentary

Jobs but not enough work. How power keeps workers anxious and wages low

22 Mar 2019
Description

For the moment, Australia’s unemployment rate has a “4” in front of it. The rate for February, released on Thursday, came in at 4.9%. It’s the first time the rate has begun with a four since the Rudd/Gillard government when it dipped below 5% several times, and since the Howard and Rudd governments in the leadup the global financial crisis when it usually began with a four and at one point dipped to 3.9%.

It’d be good news were it not for another, almost as important, indicator - the underemployment rate.

Workers are underemployed when they are working fewer hours than they want to. They might be working part-time instead of full-time, or part-time for 10 hours a week instead of 20, or full-time at 35 hours instead of 40.

Read the full article on The Conversation.

Publication Details
Language: 
English
License Type: 
CC BY-ND
Published year only: 
2019
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