How the ABC reports the lowest unemployment in 50 years

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

1. John Brumble says:

   19 May, 2022 at 1:33 pm

   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:

   19 May, 2022 at 2:37 pm

   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:

   19 May, 2022 at 3:05 pm

   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:

   19 May, 2022 at 3:08 pm

   Non Mentis

   Did you actually read (and comprehend) the linked item?
5. NoFixedAddress says:

   19 May, 2022 at 3:50 pm

   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:

   19 May, 2022 at 4:25 pm

   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:

   19 May, 2022 at 4:31 pm

   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:

   20 May, 2022 at 8:05 pm

   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:

   20 May, 2022 at 8:11 pm

   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:

    20 May, 2022 at 8:56 pm

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

    He never does.
11. Entropy says:

    20 May, 2022 at 10:45 pm

    He wants it to be true.