Insight (1995)

Keeping Your Job (2009x4)

: 17, 2009

If you've got a job, how do you hang onto it?If you've lost your job, what are your long term prospects? Insight brings together workers, CEOs and the assistant Treasurer, Chris Bowen to debate survival strategies for employees and employers as the unemployment rate climbs to 5.2%, and as 54,000 full time jobs were lost in February - the largest such fall in almost 2 decades. To hang onto their jobs, many thousands of workers are taking the pragmatic option of a 4 day week. Many thousands of others wait each week for the precarious prospect of one or two shifts to sustain them. At the other end of the equation, employers are being heavily squeezed by the banks with credit increasingly difficult to access.