The government is arguing that their stimulus packages have “saved jobs”. But it is difficult to reconcile that statement with this data, writes Sinclair Davidson.
Jobs
Employment on the move
Today’s 20-somethings can expect to change jobs four times before they’re 30 and 10 times before they’re 40, says John Zogby who asks what this technology-enabled transience means for community, housing and even children.
Life as a professional lab rat
Meet the people who make a living as “professional guinea pigs”, trialling drugs and products for scientists — a career where the more you put your body at risk, the more you get paid.
It’s a good time to be dispensing drugs
While wages for investment banking associates have dropped by 30-40% in America’s recession, some professions are on the up in the downturn. And at the top of the pile: pharmacy.
Good news on the unemployment front
So, unemployment doesn’t seem to have grown much this month – hardly the sky is falling nonsense we’ve been seeing from the sandwich board wearers at News Ltd, says Possum.
SackWatch 11: the shutters come down
Unemployment data released this morning has confirmed the suspicion among economists that the April jobless figure was a blip on the radar.
The disappearing jobs of Merthyr Tydfil
By the 1970s Hoover employed more than 5000 people in Merthyr and was so dominant that the British town was dubbed “Hooverville”. But since the factory closed last month, lives have been shattered.
Job cuts all the rage
Last Thursday’s surprise news that 19,500 jobs were lost in May seems to have triggered the flow of other reports of job cutting, writes Glenn Dyer.
20,000 jobs lost, rates may not rise
The Reserve Bank’s campaign to slow the Australian economy and inflation continues to bear fruit, with the first loss of jobs for 19 months being recorded in May, writes Glenn Dyer.
Australian market continues to defy reality
The Australian market has shown amazing strength in recent weeks, almost belligerent to the negative economic sentiments echoing from the US.
The Economy: The Tyranny of Distance
Raising national productivity is a difficult matter. The Committee for the Economic Development of Australia (CEDA) has tackled road transport, one might imagine an arcane and highly technical matter.
