underemployment - Economics Students Society of Australia

underemployment

A collection of 2 posts

Unemployment v Fiscal Instability: Which is the greater threat?

Unemployment v Fiscal Instability: Which is the greater threat?

In the immediate aftermath of the Global Financial Crisis in 2008-09, the main concern for most policy makers was ensuring people were employed. The unemployment rate rose from as low as 4% to almost 6% quite rapidly. After both the government and the RBA took various stimulus measures, this panic

The underemployment problem

australian economy

The underemployment problem

It is unambiguous that the Australian economy is in an enviable state. All the key parameters—inflation, unemployment, growth—are more or less where we want them. However, where Australia falls away from being a world leader is in the often forgotten measurement of underemployment. The Australian Bureau of Statistics