Calls for Higher Unemployment to Change Worker Attitudes

I think the problem that we've had is that we've... you know, we have...

people decided they didn't really want to work so much anymore through COVID,

and that has had a massive issue on productivity.

You know, tradies have definitely pulled back on productivity.

You know, they... they have been paid a... paid a lot to do not too much in the last few years,

and we need to see that change.

We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view.

We need to see pain in the economy.

We need to remind people that they work for the employer, not the other way around.

I mean, there is a... there's been a systematic change where employees feel the employer

is extremely lucky to have them, as opposed to the other way around.

So it's a dynamic that has to change.

We've got to kill that attitude and that has to come through

hurting the economy, which is what the whole global...

you know, the... the world is trying to do. The governments around the world are trying to increase unemployment

to get that to some sort of normality.

And we're seeing it. I think every employer now is seeing it.

I mean, there is definitely massive layoffs going off. People might not be talking about it,

but people are definitely laying people off and we're starting to see less arrogance in the employment market,

and that has to continue because that will cascade across the cost balance.