The Conversation
29 Sep 2023, 16:38 GMT+10
Treasurer Jim Chalmers released his White Paper on employment this week.
Its aim is for everyone who wants a job to be able to get one without having to search for too long.
The paper says that a surprisingly large number of people are looking for work or for more hours of work, some three million, and that's when unemployment is at a low 3.7% and we have labour shortages in multiple sectors.
Chalmers recognises that Australia's labour market is "really resilient" and the government started in a position of "genuine strength" but the unemployment figures don't paint the full picture:
In this podcast, Chalmers also canvasses inflation, migration, the cost of living pressures on households and concerns about China's economy.
Author: Michelle Grattan - Professorial Fellow, University of Canberra
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