In the years since the Albanese government came to power and the sugar hit of pandemic driven stimulus and so called ‘Revenge Spending’ drew to a close in the middle of 2022, the Australian economy has become more and more reliant on employment growth in non-market sectors of the economy.
The ABS defines non-market sectors as: Public Administration, Education and Healthcare, and Social Assistance.
Market sectors of the economy are all industries outside of those three.
