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The Labour Market and Inequality.
- Source :
- Australian Economic Review; Dec2003, Vol. 36 Issue 4, p374-396, 23p
- Publication Year :
- 2003
-
Abstract
- Newspoll reported in 2000 that by a margin of 70 to 28 per cent, Australians would prefer the gap between rich and poor to get smaller rather than have the nation's overall wealth grow as quickly as possible. This article examines the reasons for the increase in the dispersion of earnings, and changes in unemployment and workforce participation, which are central to this concern about inequality. The major finding is that the widening dispersion of earnings and changes in labour force status are principally due to changes in the structure of labour demand in favour of more skilled jobs. The article then considers what this changing job mix implies for policy directed to maintaining income inequality. [ABSTRACT FROM AUTHOR]
- Subjects :
- LABOR market
EQUALITY
INCOME inequality
EMPLOYMENT
WAGES
Subjects
Details
- Language :
- English
- ISSN :
- 00049018
- Volume :
- 36
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Australian Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 11523045
- Full Text :
- https://doi.org/10.1111/j.1467-8462.2003.00296.x