Job market needs another revolution

Employment prospects, damaged by the GFC, will remain patchy at best, while economies lack the innovation and impetus for sustained growth. 

Jobs, not debt, are positioned to become the key political issue confronting the global economy. Note, I said 'political' issue.

Economists tend to see employment as a function of growth, with the latter being amenable to the macroeconomic instruments of fiscal and monetary policy.

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Max Walsh

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Max Walsh was for many years one of Australia’s top economic and political commentators, highly regarded as a journalist, author and broadcaster. Throughout his career, Max was involved in all dimensions of the media industry, which has encompassed positions with two of Australia’s largest publishing companies and television networks.

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