Is the jobs glass half full or half empty?
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Liberal Democrat leader Vince Cable claims there is no evidence that immigration impacts wages. Is he right?
Since the mid 1970s and especially since the 1980s the job market changed and so did how our wages are set.
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Austraila’s minimum wages now operate in relative isolation. Until the 1990s they were part of an inter-connected system.
Imported goods could be partly to blame for low wage growth.
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There are two ways that international competition can reduce wages. Both are effects of globalisation.
So many of the factors influencing low wages growth for Australian workers are also an important influence on CEO pay, although not necessarily in the same way.
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Data shows that growth in total CEO pay has outstripped average Australian wage growth in every year of the last five years. But perhaps we need to look more closely.
The option of “holding out” for a permanent job looks increasingly risky as these opportunities dwindle.
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The costs of casual work are now outweighing the slim benefits in wages (and even those are not as much as they used to be).
Business leaders in ASX categories relying on household spending, have stronger than average positive outlook on the future.
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The sentiment of business leaders has remained positive and improved over the past 12 months according to our analysis.
Jimmy John’s tried to stop its workers from toiling for other sandwich makers.
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Nearly one in five employed Americans is bound by a contract restricting moves to rival companies. Here’s one way to make those arrangements less common.
The region with the most unequal incomes in Australia is Melbourne City, where the top 20% have an income that is 8.3 times as high as those in the bottom 20%.
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Census data shows there is income inequality between, but also within, regions of Australia.
All public sector workers have a 1% pay rise cap.
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A deep dive into public sector earnings data since 2005 and how it compares to private sector pay.
Analysis shows that while land values per acre rose at 2.2% per annum, land rents fell by 0.3% per annum in the 1800s.
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The experience of Australia’s first century shows that it’s possible to achieve fast growth, and at the same time, a reduction in inequality.
Despite what RBA chief Philip Lowe says, asking for a pay rise isn’t so simple for many employees.
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Building negotiating power is crucial for anyone looking to ask for a pay rise. But for those who can’t, perhaps it’s the employers’ responsibility to ensure fair compensation.
Pay rise? Why not, says the RBA governor.
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For a whole lot of workers in Australia, cutting a better pay deal is very hard.
Treasurer Scott Morrison called a press conference this week to comment on March-quarter GDP figures.
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Treasurer Scott Morrison says Australia will “grow into growth”. Global economic conditions suggest otherwise.
One’s based on average earnings growth, the other on living standards.
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Crucially, they differ in how they are calculated and the ages of workers that they apply to.
The treasurer referred to the A$13 billion “zombie” measures the Senate has failed to pass as a “Senate tax”, in justifying the tax increases in this budget.
Lukas Coch
The budget was extraordinary in many ways. It is an abandonment of restraint on taxes by a liberal government. It is nakedly populist and it also acknowledges that government debt can be productive.
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Labour leader Jeremy Corbyn claims they do. Two academics assessed the facts.
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Wealth inequality is no 21st-century phenomenon. But it was decisively shaped by public policy during the last 100 years as economies emerged from war and redesigned the structures for life.
Yes, it makes the world go ‘round.
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There are economic arguments to be had for ensuring an appropriate rate of growth of real wages.
Data shows immigration has a negligible effect on the labour market.
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Economic arguments against immigration often rest on simplistic arguments of supply and demand. The data show immigration has a negligible effect on wages, employment or hours worked.
A Canberra barista makes coffee. Many low-paid workers will be affected by the Fair Work Commission’s decision on penalty rates.
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The government has a major headache on its hands with the proposed cuts to penalty rates, which could haunt it all the way to the next election.