Article 6CXFX The RBA wants to raise unemployment to fight inflation – but who will that hurt the most? | Greg Jericho

The RBA wants to raise unemployment to fight inflation – but who will that hurt the most? | Greg Jericho

by
Greg Jericho
from on (#6CXFX)

Groups who benefited from strong jobs growth will be the first to lose work come a recession

What should we expect to be talking about in this new financial year? It seems likely the debates will be about rising wages, rising unemployment and a recession.

To be honest, the first of these is no great prediction. There is always fearmongering from the usual suspects that wages are rising too fast.

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