Full-time employment plummets in Australia
Some 3.3 million people, more than one-fifth of the workforce, are either unemployed or underemployed, 431,000 more than a year ago.
Some 3.3 million people, more than one-fifth of the workforce, are either unemployed or underemployed, 431,000 more than a year ago.
Demands for fiscal “discipline” mask deliberate decisions to prioritise military spending and debt servicing, meaning continued starving of health, education and social programs, and attacks on wages.
After previously occurring only twice in 60 years, that disposable incomes have now fallen for three consecutive quarters no less than three times in a single decade highlights the deepening crisis of British capitalism.
The cuts hit Temporary Assistance for Needy Families and childcare funds that provide food, housing and basic income for low-income families across five states.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.