No one left behind: why Australia should lock in full employment

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 workers suffer the most. And the costs of failing to reach full employment increase over time. Sustained high unemployment can cause long-lasting damage - scarring workers and reducing the productive capacity of the economy, which erodes living standards for the next generation. Australians who lose their job suffer large falls in their income that persist well after they find another jo ... Show more

Authors: Coates, Brendan; Ballantyne, Alex

Published: Carlton, Victoria, Grattan Institute, 2022

Resource type: Report, paper or authored book

Physical description: 46 p. (report) + 1 Excel document (chart data)

Access item: https://grattan.edu.au/report/no-one-left-behind-why-australia-should-lock-in-full-employment/

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