Low unemployment is a triumph, not a “crisis”
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The Australian’s Jared Lynch has published a fearmongering article on the “crisis” of Australia’s near record low unemployment rate:
Australia’s talent war is set to be a drain on company coffers for the next 12 months as the battle to access key skills escalates, says leading employment agency Robert Half.
A survey of 300 hiring managers found 70 per cent of businesses are expecting a negative hit to their finances this year, crushing hopes that the skills shortage will ease after the end of the pandemic.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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