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In this paper, William Mitchell and Ellen Carlson outline the distinction between underutilisation and underemployment and discuss the limitations of the official unemployment rate as a measure of these sources of resource inefficiency.
They then compute a range of measures for Australia based on...
This paper seeks to develop an understanding of the linkages between regions with respect to employment growth and to determine the extent to which national trends dominate location-specific dynamics. The relationship between the business cycle and regional employment growth is explored as part of a...