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Australia's Full Employment: A Key Factor in Labor's Election Victory
Australia reached near-full employment (3.5% unemployment) in August 2022, its lowest in almost 50 years, due to government stimulus during COVID-19 lockdowns, a strategy that helped Labor win the recent election despite the cost-of-living crisis, in contrast to typical recessionary responses to inf...
Australia's Full Employment: A Key Factor in Labor's Election Victory
Australia reached near-full employment (3.5% unemployment) in August 2022, its lowest in almost 50 years, due to government stimulus during COVID-19 lockdowns, a strategy that helped Labor win the recent election despite the cost-of-living crisis, in contrast to typical recessionary responses to inf...
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