Even It Up!

Shifting the balance for jobseekers

Jobs, jobs, jobs… and the economy

with 5 comments

The scramble to stop the economic melt-down is on, and governments all around the world are working overtime to come up with strategies to deal with the crisis.  No one wants to talk about the “R”or (even worse) the “D” word.

Interestingly, the rhetoric around “jobs” and “the economy” is closely linked, with one underpinning the other.  Prime Minister Rudd and Treasurer Swan say their main focus in the $42 billion rescue package is jobs.  Clearly “work” (and all that that entails) underpins the economic recovery.

But from the perspective of distance and innocence (Even It Up! does not profess to be even slightly au fait with the world of economics), the government is taking a bit of a an interesting approach: it is looking to manage the job situation rather than innovate.  While the focus is on infrastructure (which we believe is correct, although what would we know?) no mention has been made regarding the responsibility of companies and corporations in all this (although there is the occasional plea) and the tipped rise in unemployment to 7%.  

Even It Up! thinks that many corporations are rubbing their hands with glee at the opportunity to be able to shed staff  and so boost the bottom line – because no questions will be asked. In any other suituation,  BHP shedding 6000 staff worldwide would cause an outcry.   Ditto ANZ and Macquarie (although considering banks got us into this mess in the first place, we are not surprised).

Call us naive, but what Even It Up!  would like to see is businesses given incentives to boost employment through innovation and knowledge creation.   Australia is pretty good at innovating (it’s that whole not liking authority thing that is part of our culture) but we are terrible at commercialising.  Now is the time to be bold, not play it safe!

And we’d love to see all businesses review their recruiment processes to make it easier to get a job in this uncertain environment, not harder.  Get rid of any barriers – systemic or otherwise – that stop the recruitment of the best and brightest, or even just the good.  

We’d be happy with that.

Written by evenitup

February 6, 2009 at 5:23 pm

5 Responses

Subscribe to comments with RSS.

  1. […] the numbers of jobs that are being shed by major corporations over the last couple of months.  We blogged about it recently, predicting that corporations would be rubbing their hands with glee over the possibility of being […]

  2. Gosh I so agree with you, “Even It Up! thinks that many corporations are rubbing their hands with glee at the opportunity to be able to shed staff and so boost the bottom line.” Unfortunately, if they are doing that in the long run it only hurts the economy more and makes it less likely people will be able to buy products from those laying people off and boosting their bottom line.


    February 18, 2009 at 4:32 pm

    • It will just get worse… 1500 jobs went from Bonds today, and the Execs were paid millions… it just doesn’t compute!


      February 27, 2009 at 5:19 pm

  3. Nice site. Theres some good information on here. Ill be checking back regularly.

    Stacey Derbinshire

    February 6, 2009 at 6:15 pm

    • Thanks Stacey. We checked out your site too. It makes economics very easy to understand!


      February 6, 2009 at 7:23 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: