It sounds pretty good, but there's a catch: while everyone who wants a job could theoretically have one, wages are falling way behind inflation, meaning making ends meet is getting much harder.
Today, the ABC's business editor, Ian Verrender, on next week's jobs summit in Canberra, and whether it will lead to more money in our pockets.
Well the political rich & their deals with unions to ensure huge profits & casualise workers to ensure cheapest costs for multinationals that don’t pay tax is the reason for low wages any journalist would report this except abcnews is just a captured propaganda device
Business period.
Simple answer, greedy, wealthy shareholders, massive salaried employees who continually suppress the workers. Profits are fine; but how much?
. If there was a low unemployment, wages would be sky-rocketing. But wages are below inflation, thus employers are not offering more pay, thus employers are not desperate, THUS THE UNEMPLOYMENT RATE IS A LIE. THE RATE CALCULATION RULES ARE A SCAM. Workers are struggling. .
Blame, I love that word. The work force is less valuable and more replacable. It is difficult to believe wages in Australia will go up, unless due to hyper inflation. Why? Because companies are free to enter our market, without footprint. Jobs are outsourced
Why do politicians believe businesses have a right to demand overseas workers? The economy is overcooked and public services are already stretched to the limit!
IanVerrender ABCNewsDaily auspol
Politicians and politicians.
And Labor now plans to suppress wages further by increasing mass immigration.
Another article about wages and all the reasons why it has stopped increasing. Honey, it’s called ‘trickle down economics’. It has destroyed wages and infrastructure in most western worlds. The rich embraced it and the politicians ran with it.
Australia has no political, economic or legal democracy. But hey! Vote guys.
Government ,
CEO salaries didn’t! Maybe we should just replicate their remuneration model for the rest of us.
I am Zookeeper in Chicago and regularly feed Hippos day old sausages so they have a taste of their home. I put strings on Sausages and swing them around the Hippos heads they get so mad at me and Scream and try to Break out of the cages. My boss dont know!
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