How the ABC reports the lowest unemployment in 50 years

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11 Responses to How the ABC reports the lowest unemployment in 50 years

  1. John Brumble says:

    Oh it gets better.

    “that the jobless rate has fallen below 4 per cent (when rounded to one decimal place).”

    As if accuracy is somehow fudging the figures.

  2. NoFixedAddress says:

    Must be a lot of “service” work happening!

    They better borrow some more money into existence so no-one has to work and we all just live on the green social dividend.

  3. Not Trampis says:

    err that is what occurred. employment growth was low. unemployment fell because people stopped looking for work.
    Why is wage growth so weak when we are at full employment?

  4. Boambee John says:

    Non Mentis

    Did you actually read (and comprehend) the linked item?

  5. NoFixedAddress says:

    The article sounds more like UniParty Disinformation to justify increasing immigration intake…

    Job advertisements are still at record highs, but it seems like there may not be enough available, skilled workers to fill the vacancies.(ABC News: John Gunn)

  6. Not Trampis says:

    I don’t have to I read the ABS release.
    Unemployment is down to 1974 levels although back then they were quarterly figures. Employment was quite weak for the month. Unemployment fell because people left the labour force.

  7. Boambee John says:

    Non Mentis

    Unemployment fell because people left the labour force.

    Strangely, when that happened in the US, you proclaimed it a triumph for Creepy Joe, producing the lowest unemployment rate for yonks.

  8. Tel says:

    https://fred.stlouisfed.org/series/LRACTTTTAUM156S

    Labour force participation has been trending up in Australia since the 1980’s but if you want to look only at the most recent months, after the sharp dip in Sep 2021 and Oct 2021 it has bounced back to all time highs, with latest data showing as Mar 2022.

    Unemployment fell because people left the labour force.

    Cobblers … as usual you can’t provide any real data to back it up.

  9. Tel says:

    Employment was quite weak for the month.

    Total rubbish … Australia’s employment rate also bounced back rapidly after a sharp dip in Sep 2021 and Oct 2021 and is at all time highs.

    https://fred.stlouisfed.org/series/LREMTTTTAUM156S

  10. Lee says:

    Cobblers … as usual you can’t provide any real data to back it up.

    He never does.

  11. Entropy says:

    He wants it to be true.

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