Problem is, people think it’s funny.
5% unemployment is unnoficially mandated by our growth capitalist economy to keep inflation in check. Problem is, it’s no longer working. The current housing market ‘correction’ is just a little sprinkle of icing sugar falling off...it doesn’t mean people will embrace low wages.
In many ways minimum wage is effectively working for the dole...because you can’t get ahead on it!
Combine this with severe casualised under employment and the expectation that the ‘unemployed’ will work for (often less than) minimum wage by industry, no wonder young people see through the BS and go to the beach.
The Protestant work ethic doesnt work in a market dominated by a widening gap between rich and poor...the middle road is getting too hard in the face of rising living costs. Working for the sake of it doesn’t work because minimum wage is too low - it’s no longer aspirational.





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