Ang Claim
“Naghula ng pagtaas sa paglago ng sahod sa kabila ng sabay na paghula na walang pagbaba sa kawalan ng trabaho. (Kaya ang mga employer ay magbabayad nang mas mataas nang walang makatwirang dahilan sa ekonomiya.) Taun-taon ay palaging naghula sila ng optimistikong paglago ng sahod na paulit-ulit na nabibigo sa aktwal na pagyari.”
Orihinal na Pinagmulan
✅ FACTUAL NA BERIPIKASYON
Nawawalang Konteksto
Pagsusuri ng Kredibilidad ng Pinagmulan
Paghahambing sa Labor
Balanseng Pananaw
BAHAGYANG TOTOO
7.0
sa 10
Huling Iskor
7.0
SA 10
BAHAGYANG TOTOO
📚 MGA PINAGMULAN AT SANGGUNIAN (9)
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1
futurework.org.au
You would think that after 5 consecutive years of wage forecasts that wildly overestimated actual experience, the government might have learned from its past errors – and published a wage forecast more in line with reality. But not this government. They are still trying to convince Australian workers, who haven’t seen real average wages rise in over 5 years, that better times are just around the corner. And rosy wage forecasts are helpful in justifying their equally optimistic revenue forecasts: since if Australians are earning more money, they will be paying more taxes!
The Australia Institute's Centre for Future Work -
2
crikey.com.au
The Morrison government has been forced to recognise the stagnation it is presiding over, slashing wage growth forecasts and revealing big cuts to its forecast budget surpluses.
Crikey -
3
actu.org.au
The ACTU warns this wages turnaround is at risk of being reversed if a Dutton Government is elected, as it has vowed to reverse the wage-boosting rights that have delivered these gains.
Australian Council of Trade Unions -
4
theguardian.com
Tax cuts, surpluses and fancifully optimistic forecasts add up to a make-believe budget
the Guardian -
5
frbsf.org
Although the labor market has steadily strengthened, wage growth has remained slow in recent years. This raises the question of whether the wage Phillips curve—the traditional relationship between labor market slack and wage growth—has weakened. Estimating a causal link from slack to wage growth using national data is difficult. However, using city-level data over the past 25 years shows that the cross-city relationship has weakened since the Great Recession. Explanations consistent with this timing suggest that the Phillips curve may return to a steeper curve in the future.
Federal Reserve Bank of San Francisco -
6
imf.org
Imf
-
7
frbsf.org
The unemployment rate ended 2018 at just under 4%, substantially lower than most estimates of the natural rate. Could such an ostensibly tight labor market lead to a sharp pickup in wage growth from its recent moderate pace, such that the relationship between wage growth and unemployment is not always linear? Investigations using state-level data show no economically significant nonlinearity between wage growth and unemployment that would predict an abrupt jump in wage growth.
Federal Reserve Bank of San Francisco -
8
pursuit.unimelb.edu.au
Pursuit Unimelb Edu
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9
economicshelp.org
Definition of Phillips Curve (trade off between inflation and unemployment). Graphs to show how and why it can occur. real life data. Also different views on Phillips Curve Keynesian vs Monetarist. - short-term and long-term.
Economics Help
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