Job Market Monitor
Standard of living
Post-Mining Australia – Standard of Living to drop 8 percent by 2030 Accenture says
Australia’s standard of living, defined as real GDP per capita, is in danger of declining by as much as 8 percent over the next 15 years unless the government addresses structural changes in the post-mining economy, the dislocation of jobs in several key industries, the employment skills gap and an aging workforce, according to a … Continue reading
Japan / Growth and Quality of Life
To answer that question, we need to do two things. First, we need a way of measuring the quality of life. Second, we need to distinguish between the effect on quality of life of a country’s level of income and the effect of growth per se. Putting these two things together allows us to formulate … Continue reading
US – Breaking out of a decade of income stagnation
The nation’s biggest challenge is in shadow: breaking out of a decade of income stagnation that has afflicted the middle class and the poor and exacerbated inequality. Many of the bedrock assumptions of American culture — about work, progress, fairness and optimism — are being shaken as successive generations worry about the prospect of declining … Continue reading
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