THERE SHALL BE WORK
XHANTI PAYI: Higher wages vs jobs debate is misplaced
We shouldn’t be waylaid by the ‘higher wages or jobs’ discussion. Both are important if we are to beat poverty and inequality
10 February 2022 - 05:00
In our economic advisory work the first question we ask our clients is: "What question are you trying to answer?" It’s a critical exercise, and a time-consuming one, too.
Similarly, as SA emerges from the Covid crisis, we need to be clear about what the problems are that we need to address. Here, there’s been a loud but important debate about wage levels and employment, with many arguing that wages should be kept low to support and promote employment...
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