Glynn S Take Australian Treasury Head Says Full Employment Is The Go
юааglynnюабтащюааsюаб юааtakeюаб юааaustralianюаб юааtreasuryюаб юааheadюаб юааsaysюаб юааfullюаб юа The government says its objective is "sustained and inclusive full employment". it says everyone who wants a job should be able to find one without searching for too long, and people need decent. Australia has never clearly defined what "full employment" means. that's about to change — and a more ambitious definition could help keep 150,000 or more australians in work, writes peter martin.
юааglynnюабтащюааsюаб юааtakeюаб A Small Move Up In Rates Has Already Toppled юааaustralianюаб James glynn senior reporter at wall street journal glynn’s take: australian treasury head says full employment is the goal wsj 1 like comment. For australian treasury secretary steven kennedy, economic policy makers have every reason to not rush to raise interest rates in favour of pursuing full employment, a rarely achieved benchmark. The recent debate about full employment and how we define it has come at an important and welcome time. more australians are in work than ever before and the participation rate is near an all‑time high. nearly 500,000 jobs have been created in just over a year, the fastest pace of growth under a new australian government on record. In the white paper, prepared by treasury, the government commits to full employment, which it defines as “everyone who wants a job being able to find one without searching for too long”.
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