Australia’s current unemployment rate is, according to the ABS, 4.2%25 – although in reality it’s higher, since this figure doesn’t include those people who are studying, those who have given up looking for work and those who would like to work more hours than they currently have (a person with one hour of work per week is counted as ’employed’).
Hmm. Well, that doesn’t look all that hard to fix, to me. Reduce the hours of those people who are putting in more than eight hours per day, and give the extra work to the unemployed. And the great bit is that it won’t cost us one cent more.
You are paying for all this overtime, aren’t you, Kev?