Suncorp's Milch Sees Part Time Replacing Full Time Jobs

The video discusses the US labor market's sluggish wage growth due to a shift from full-time to part-time jobs, resulting in high labor supply. It also examines Australian household debt, noting that while debt levels are high, servicing metrics are stable, posing no immediate economic risk. The video predicts a soft landing for Australia's property market, supported by strong population growth. Finally, it highlights the falling labor force participation rate, which has kept unemployment figures lower.

What metrics are considered important when assessing the economic risk of rising debt balances?

What implications does a falling labor force participation rate have on unemployment?