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Treasurer Jim Chalmers released his White Paper on employment this week. Its aim is for everyone who wants a job to be able to get one without having to search for too long. The paper says that a surprisingly large number of people are looking for work or for more hours of work, some three million, and that’s when unemployment is at a low 3.7% and we have labour shortages in multiple sectors.
In this podcast, Chalmers also canvasses inflation, migration, the cost of living pressures on households and concerns about China’s economy.