The misery business: why economists should cheer up about low unemployment

Record numbers of Australians are employed – that’s a great thing, despite what the interest rate doomers are telling you, says Greg Jericho.

On this episode of Dollars & Sense, Greg and Elinor discuss the Coalition’s new housing policy, the surveillance of workers and the latest unemployment data.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L

Show notes:

‘Australia’s unemployment figures are a reason for joy – even if it means waiting for the next interest rate cut’ by Greg Jericho, Guardian Australia (October 2024)

‘‘Stop all time wasting’: Woolworths workers tracked and timed under new efficiency crackdown’ by Ariel Bogle, Guardian Australia (October 2024)

No Blood – No Job: Australia’s privacy laws and workers’ rights by Lisa Heap, the Centre for Future Work (August 2024)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

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