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AN ANALYSIS OF JOBLESSNESS IN AUSTRALIA
Author(s) -
Argy Fred
Publication year - 2005
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.2005.tb00996.x
Subject(s) - demographic economics , psychology , sociology , economics
Unemployment levels have been falling steadily in Australia for some time—yet, when ‘hidden’ unemployment is taken into account, the work force remains considerably under‐utilised. As well, work opportunities are sharply polarised across households and spatially. These problems stem largely from structural imbalances and inefficiencies in the job market, which are impeding fuller workforce participation. The Government has a number of policy alternatives to choose from—all potentially effective in enhancing participation but with quite different distribution outcomes. The real debate is not about how to reduce core joblessness (the solutions are well known)—but who should pay.