Wages are up, GDP growth is down, what’s going on
This week we heard GDP growth has dropped, yet we’ve just given ourselves a pay rise. Does it really matter if the economy isn’t growing as much as we would like and is GDP the best measure anyway? What will this mean for inflation? This week we give the economy a health check and look at what this all means for the future of jobs.
The Economy, Stupid · Australian Broadcasting Corporation
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Show Notes
This week we heard GDP growth has dropped, yet we’ve just given ourselves a pay rise. Does it really matter if the economy isn’t growing as much as we would like and is GDP the best measure anyway? What will this mean for inflation? This week we give the economy a health check and look at what this all means for the future of jobs.