Visiting Fellow, Australian National University. This paper is an amended version of an address delivered to the Jobs Australia National Conference, 12 October, 2004. The author acknowledges helpful comments received from an anonymous referee.
AN ANALYSIS OF JOBLESSNESS IN AUSTRALIA
Article first published online: 13 APR 2010
2005 The Economic Society of Australia
Economic Papers: A journal of applied economics and policy
Volume 24, Issue 1, pages 75–96, March 2005
How to Cite
Argy, F. (2005), AN ANALYSIS OF JOBLESSNESS IN AUSTRALIA. Economic Papers: A journal of applied economics and policy, 24: 75–96. doi: 10.1111/j.1759-3441.2005.tb00996.x
- Issue published online: 13 APR 2010
- Article first published online: 13 APR 2010
- Public policy;
- Labour market;
- Social equity
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.