"Sir John Howard" <pmjwhowardi@[EMAIL PROTECTED]
> wrote in message
news:395e81e2-b975-4e1b-bb79-52338dc22917@[EMAIL PROTECTED]
> It would appear so.
>
>
>
http://news.smh.com.au/employers-still-hunting-workers-data/20080210-1rbb.html
>
> Mr Olivier said with near full employment, rising interest rates were
> pu****ng up salary demands.
>
> "The rise in people's mortgages means that recruiters are seeing
> people who are job hunting to reach the salary targets they need," he
> said.
>
> Mr Olivier said higher mortgage repayments meant previously full-time
> child carers could be forced back to work.
>
> The fall in value of some superannuation funds could cause others to
> reconsider imminent retirement.
>
> Both trends would help raise the participation rate, or, in the
> absence of rising demand for workers, push unemployment up, Mr Olivier
> said.
A load of B.S