Katy Gallagher (ACT, Australian Labor Party, Shadow Minister for Finance) Share this | Hansard source

Labor supports the intent of the motion, but we won't be supporting it today. We believe the concept of full employment is complex. It involves the interaction of many factors, including: the structure of the job market and industries; participation; casualisation; frictional unemployment, as some people choose to move between jobs; and how unemployment rates can interact with inflation. We think that choosing a hard unemployment target via a Senate motion is an arbitrary endeavour.