Millions of Australians are struggling to work more hours and lift their earnings in a 'gig economy' that suppresses wage growth, according to new research that reveals key pressure points across the country | CroweDM
Millions of Australians are struggling to work more hours and lift their earnings in a "gig economy" that suppresses wage growth, according to new research that reveals key pressure points across the country.
"We are not talking about Australians looking for $50 here or there for luxuries. We are talking about an average per-worker shortfall of hundreds of dollars a week." "For the first time in Australia’s history, our economy is growing but ordinary families are going backwards," she says in a draft of the speech.
Ms O’Neil will brand the headline unemployment numbers as "highly deceptive" because they do not show the impact of the changing work patterns, with under-utilisation a better measure of underlying conditions. Ms O’Neil presents the research as a "tale of two Queenslands" because the underutilisation rate has more than doubled to 17 per cent in regional areas over the past six years but has improved in the inner suburbs of Brisbane."Over six years, outback Queensland lost 2.3 per cent of the jobs that existed in 2013, Brisbane gained 36 per cent," she says.
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