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Stories about "unemployment":
Since the federal government has no nominal limitations on spending, it means that it can always afford to buy anything for sale in its own currency, including labour. As such, unemployment is a political choice, not an economic imperative.
Premier Dominic Perrottet recently announced his intention to build a Big NSW. Much of this Big Population and Big Economy will be generated by a doubling of the state’s pre-covid migration intake.
Last Thursday the ABS released its April employment estimates. The ABS estimate 12,419,000 Australians were employed in April, down 594,000 on March. There were sharp falls for both full-time and part-time employed.
There can be no real doubt that the timing of the by-elections for July 28 was mean and tricky. But who was the mean trickster?