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Why there's no magic jobless rate to increase Australians' wages

Written by Jim Stanford, Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney

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With the official unemployment rate now 4.2% – the lowest since 2008 – Prime Minister Scott Morrison has predicted a rate “with a 3 in front of it this year”. The Reserve Bank of Australia agrees, forecasting unemployment below 4% in coming months.

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Why there's no magic jobless rate to increase Australians' wages

Walk while you work: are the extra steps on an under desk treadmill worth the cost?

Why central bankers look to the ‘stars’ when setting interest rates

Can office culture survive the work-from-home revolution? Yes, but you can’t force the fun

Worker exploitation can hide in plain sight. Here’s how to ensure an ethical summer holiday

In a world of digital money, what’s the right etiquette to split the bill with friends?

‘Weights of gold in bullion’: how the ancients invested in precious metals

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Clive Palmer versus (Western) Australia. He could survive a High Court loss if his company is found to be "foreign"

economists have seen it coming for decades

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

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