Gillard's obvious jobs solution

While the Gillard government battles an employment confidence crisis, the answer – centred around small and medium business – is staring it in the face.

The job layoffs are just beginning. And the Gillard government should expect them to get a lot worse this year before confidence begins to improve towards the end of the year due to a pseudo stimulus package (carbon tax refunds pumping money into the economy) and lower interest rates.

Companies are busy finalising their first half-year numbers while looking ahead to the next six months. No surprise that they are feeling less and less confident they are going to get anywhere near their budgeted numbers.

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