Some recent data released by the Reserve Bank of Australia (RBA) has some supportive to growth and some worrying indications.
Labour Productivity has been rising (+)
Average earnings and labor costs have been falling:(-)
The indications are that Technological productivity will push push up growth: there will be more from machines than from men. So real incomes may not increase but company progfits may increase.
Views expressed without any risk or responsibility.
Labour Productivity has been rising (+)
Since 2012, Unemployment has been growing(-)
Average earnings and labor costs have been falling:(-)
The indications are that Technological productivity will push push up growth: there will be more from machines than from men. So real incomes may not increase but company progfits may increase.
Views expressed without any risk or responsibility.
No comments:
Post a Comment