Unemployment

Party aims to create more local jobs

Highlighted in the party’s policies is addressing unemployment and creating more jobs by setting up down-stream processing of PNG resources.

And also by converting machine dependent activities into labour based.

Party leader Powes Parkop said he tried in the nation’s capital but was not successful due to no economies to scale.

“It will succeed if we do it nationwide and if the change is structurally done,” stated the NCD Governor.

VIDEO: Addressing unemployment

Social Democratic Party's policies on addressing unemployment by creating more local jobs will either make or break the party and its endorsed candidates. 

 

Caroline Ure reports 

US unemployment falls to 7-year low, but wages are flat

The figures released Thursday capture the persistently uneven nature of the recovery from the Great Recession.

The job market "remains consistent with a two-steps-forward, one-step-back expansion the U.S. economy finds itself in," said Scott Andersen, chief economist at Bank of the West.

The economy gained 223,000 jobs last month, and unemployment edged down from 5.5 percent in May, the Labor Department reported.