billy blog ... some alternative economic thinking

Today's ABS Labour Force data for the month of August has been hailed by the Government as a vindication of their decision to introduce WorkChoices, the largest deregulation of the wages system to date which virtually has undid the gains made by workers since the famous 1907 Harvester decision. That decision enshrined the notion of a fair wage which underpinned nearly a century of wage outcomes designed to protect the weakest of the workforce.

The LFS seasonally-adjusted employment rose by around 23,000. As more workers entered the labour force looking for work, a strong econo  More ...