The Fin Review has a look at what Labor has done for working families since November 2007.
The Australian Bureau of Statistics estimates there have been 158,900 professional service jobs created since November 2007. This has been good news for lawyers, architects and accountants in suburbs close to central business district jobs, restaurants and private schools.
The biggest losers in terms of workforce participation rates have been larger blue-collar families living in poorer country towns and the outer suburbs of major cities. The hardest hit groups have been casual shop assistants, local car mechanics, suburban chippies, truck drivers, metal workers or beauticians. These sub industries have lost a quarter of a million jobs since November 2007 and that’s bad news for local housing prices, regional shopping centres and blue-collar jobs.
bobmcgee 