Invisible cuts to the middle class

Official employment data is failing to catch underlying trends that look set to see unemployment rise above 6 per cent in 2013, and middle class ranks wounded.

With the help of Brian Redican of Macquarie Bank today I want to attempt an answer to the question that is troubling a great many Australians: Why is official unemployment around 5.1 per cent when all around middle income Australia we see retrenchments?


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