Sept. 27, 2022

32: Plumbers Vs Doctors. Earning Similar Incomes?

32: Plumbers Vs Doctors. Earning Similar Incomes?

Plumbers incomes have quickly converged toward that of general practitioners, yet it’s a lot easier and less expensive to become a plumber than a doctor. How have  Australia’s labour markets rapidly increased incomes of plumbers, who stop our tap dripping, compared to doctors, who prolong our life? Burgernomics host, Ross MacDowell discusses with The University Of Melbourne’s Truby Williams Professor Of Economics, Jeff Borland how labour markets price various jobs.

Plumbers incomes have quickly converged toward that of general practitioners, yet it’s a lot easier and less expensive to become a plumber than a doctor. How have  Australia’s labour markets rapidly increased incomes of plumbers, who stop our tap dripping, compared to doctors, who prolong our life? Burgernomics host, Ross MacDowell discusses with The University Of Melbourne’s Truby Williams Professor Of Economics, Jeff Borland how labour markets price various jobs.
 
Professor Jeff Borland is Australia’s leading labour economist. Jeff has been a consultant to the, OECD, International Monetary Fund, Productivity Commission, Fair Work Commission, Australian Competition & Consumer Commission and three Commonwealth Departments, Employment, Health and Community Services. In 2018 Professor Borland was appointed by the Minister for Jobs and Small Business as a member of the Expert Panel to make recommendations on the Australia employment services system. In the same year he was a member of the consultation group formed by the Department of Prime Minister and Cabinet to make recommendations on revised employment targets.
 

Want To Dig Deeper?

Professor Borland writes a regular labour market snapshot on current labour issues facing Australia.

https://sites.google.com/site/borlandjum/labour-market-snapshots