<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Flat White

The illusion of ‘full employment’

4 July 2022

10:00 AM

4 July 2022

10:00 AM

There has been much rejoicing over falling unemployment – something undoubtedly better for the government with fewer welfare payments and more tax receipts.

Pre-Covid, a figure of around 5.5-6 per cent (as below) was considered the norm for this country. With lockdowns and restrictions, this temporarily rose as high as 7.5

Already a subscriber? Log in

Get 10 issues
for $10

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close