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Reduction in unemployment in Nov



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ANDREW PEACOCK

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I welcome the reduction in unemployment in November

’ · The improvement"largely reflects the continuing benefits of the wage pause. The figures do not yet in any way reflect the impact of the Governmentrs policy of full wage indexation.

, And it is still worrying that the Government continues to ignore the widespread evidence that its policy." of:: full wage indexation will destroy,./jobs.

It is still also worrying that over one in four of our youth remain unemployed.

■ It is these Australians who will be most affected by the problems created by wage indexation.

. ... It is to be hoped that the Government will be willing to review its approach if the unemployment situation deteriorates into 1984.

CANBERRA, 8 December, 1983.

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