Comment on ‘We have a mandate to act’: PM throws open doors to bolder agenda

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Gorgritch_umie_killa@aussie.zone ⁨1⁩ ⁨week⁩ ago

Productivity isn’t great because of the kinds of jobs the people of this nation increasingly do, and likely will do for the foreseeable future.

And, sorry if this comes across a bit morbid. Until the baby boomers shuffle off this mortal coil in greater numbers, any serious productivity gains in certain industries are overtaken by the medical, care, and other old-age related, usually low productivity, work the country is providing.

Its because of this, that i’m sceptical that ‘productivity’ is a good measure to be relying on so heavily to gain an honest understanding of the working economy.

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