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Beyond the expected

Unemployment to double?

By johnboy 19 January 2009 53

Idiot media are busy talking us all into a serious economic downturn. The local ABC is joining in warning that unemployment in the ACT is set to “Double” (Terrifying!).

Coming off a base so low that job creation has become a negative when developments are assessed this actually means a rise to a still very low 5.4% sometime next year.

But seeing has how Chris Richardson and Access Economics might as well be throwing darts at a board to make their predictions I wouldn’t worry too much about that either.

What’s Your opinion?


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Unemployment to double?
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neanderthalsis 1:00 pm 20 Jan 09

johnboy said :

Hmm, I used to feel the same way neanderthalsis, until I did some work with the ACCI.

Those guys really do want to charge workers for the air they breathe.

When were you with ACCI?

powell01 12:35 pm 20 Jan 09

Not just in the comms industry. In a former job, 24/7 on call was the norm for about the same money as an APS 3. Wonder why they lost 13 managers in 2 years. From what I hear, this company has not changed and this is a really big well known company that most people use 1 or 2 times a week. But that is retail.

dexi 10:23 am 20 Jan 09

Agreed neanderthalsis on the outcome. The comms industry is rife with this behaviour. It never seemed to change. No unions involved. So I guess I’ve become cynical about what goes on in the boardroom.

johnboy 10:17 am 20 Jan 09

Hmm, I used to feel the same way neanderthalsis, until I did some work with the ACCI.

Those guys really do want to charge workers for the air they breathe.

neanderthalsis 10:10 am 20 Jan 09

dexi said :

Wouldn’t the employers just work its staff longer and harder, then pocket the difference?

Oddly enough Dexi, despite what the Unions would have you believe, most employers don’t want to work their staff to death then give themselves a payrise from the unspent salaries of the dead. Employers generally aren’t sitting around the boardroom table discussing how best to screw over workers. This only really happens in the ACTU/Labor fantasy land.

Increased work hours or workload increases often lead to increases in lost time incidents: stress leave, sickness, injury etc. This costs an employer time and money either through lost productivity or replacing the missing staff.

peterh 9:21 am 20 Jan 09

harvyk1 said :

sexynotsmart, wasn’t the DVA contract owned by IBM?

it was, but it wasn’t an outsource. this it the gershon report in action. Why would a Government department remove an entire IT department? unless they are going to be outsourced?

dexi,

re the cut back on overtime, many industries don’t recognise overtime. it is a case of do the job, and work till it is done. In the IT industry, when responding to a tender, you might pull an all-nighter. but you get the job done. and if you win the tender, there are benefits… if you don’t, next tender please.

harvyk1 9:09 am 20 Jan 09

Say for instance person A gets paid $1000 per week with no tax on it and they go and my an item normally worth $100, but with 35% tax added it’s now $135. Other countries can still sell the item for $100, and thus the person buys it over the web for the $35 saving.

On the other hand if you have $1000, they then take out $350 leaving $650, and there is no GST the item is $100, be it brought locally or over the web.

All that making a big GST will do is drive local businesses out of business as everyone turns to the web for all purchases.

I agree, we need a flat and simple tax system. One that you earn a dollar you have 20c come out in tax but that’s it. No exceptions and no deductions.

thetruth 11:24 pm 19 Jan 09

harvyk1 said :

thetruth, I kinda think your onto something. The only problem is that if everything here in OZ had a GST of 35% added to it, most of the big ticket items (and quite a few of the smaller ones too) would be purchased over the internet to excape paying tax. It’d also make us a no-go destination as far as the world is concerned given we’d be an expensive place to visit.

The problem with taxes is that getting around them is easy for the rich (good accountants) and the poor (Centrelink). It’s the middle class that take the brunt.

Now if you could get the whole world to use a 35% GST, that’d be something, but it’s hardly going to happen any time soon, and by that stage anyways I doubt our alien overlords are really going to care about something as trivial as taxation.

Don’t forget – no income tax, sales tax wet tax, stamp duty – the prices would even out (the 35% was a number picked out of the sky , just need to do the sums

thetruth 11:22 pm 19 Jan 09

dexi said :

It good to see a discussion on unemployment revolves around tax cuts.

Maybe someone could explain how that will help employ people?

I found that one person can do the work of two or three people if he works long enough hours and takes short cuts. Contract labour can make further cuts for the need to employ people or produce quality work. We seem to have a large proportion of over worked employees doing cheap, quick work(only my experience). I suppose that’s the way to make a profit.

Isn’t it greed that brings us this recession?

Why couldn’t you drop wages and limit overtime to slow the unemployment rate?

Businesses invest employ people + jobs. Only hard for morons

harvyk1 11:08 pm 19 Jan 09

sexynotsmart, wasn’t the DVA contract owned by IBM?

harvyk1 11:07 pm 19 Jan 09

thetruth, I kinda think your onto something. The only problem is that if everything here in OZ had a GST of 35% added to it, most of the big ticket items (and quite a few of the smaller ones too) would be purchased over the internet to excape paying tax. It’d also make us a no-go destination as far as the world is concerned given we’d be an expensive place to visit.

The problem with taxes is that getting around them is easy for the rich (good accountants) and the poor (Centrelink). It’s the middle class that take the brunt.

Now if you could get the whole world to use a 35% GST, that’d be something, but it’s hardly going to happen any time soon, and by that stage anyways I doubt our alien overlords are really going to care about something as trivial as taxation.

sexynotsmart 10:22 pm 19 Jan 09

I just got off the phone from a mate who was contracting at DVA. Apparently they sacked an entire IT division today – contractors and permanents. All their projects are cancelled. Management are calling it “paused”, but we don’t think anyone would cull APS staff if they’re ever looking to “unpause”.

Some of the contractors have been given two weeks to tidy things up. The permanents have been told there might be opportunities in other divisions or departments. The news was given by videoconference. There were people from HR present who asked if anyone had questions about VRs (apparently no departments are hiring right now so there’s nowhere for excess staff to re-deploy to).

So if anyone thought this was just going to involve some belt-tightening rhetoric, or highly-leveraged businesses trimming the sails, think again.

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