A week after releasing its latest pro ‘Big Australia’ immigration propaganda report, the Grattan Institute has now released a report calling on policy makers to strive for full employment [my emphasis]:
This report shows why Australia should aim to lock in full employment – where everyone who wants a job can find a job. It demonstrates that all workers suffer when unemployment is high, but the most vulnerable suffer the most. And the costs of failing to reach full employment increase over time…
Low-wealth and low-wage workers are more than twice as likely to lose their jobs when unemployment rises. Younger, less-educated workers and those in routine manual jobs are also hit harder. Sustained low unemployment and under-employment are among the best ways to improve the lives of the most vulnerable workers.
