Convid, essential workers and the concept of value in wage determination
28/07/2023
Covid and the Labour market The Covid pandemic is now in its third year. It disrupted the Australian labour market in ways normally associated with major economic downturns By April 2020 Labour market indicators had dropped to their lowest levels since the GFC Since then they have recovered and by June 2022, the all persons unemployment rate stood at 3.5% and participation rates were at 66,3%. On face value the system has fully recovered, and Covid-19 was just a temporary blip on