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ABS stats show a definite softening in employment (employed persons and unemployment rate)
^ Trend continues for full time jobs to be replaced with part time, and I believe that as long as you have some paid work you are "employed." I'd be happy for someone to disavail me of that notion, but that's what I've been told.
Interesting that the population = 22.7m people and number employed = 11.4m people. I also found on the site that 67.5% of the population is working age. That's 15.3 million people of working age, 11.4m in paid work and only 620k classified as unemployed. Where are the other 3.3 million Au citizens? Are there a lot more SAHMs than I thought, or is everyone else on "disability benefits" so not counted?
Where are the other 3.3 million Au citizens? Are there a lot more SAHMs than I thought, or is everyone else on "disability benefits" so not counted?
do those stats include underemployment, or is that used to mask the issue?
Employed persons comprise all those civilians aged 15 years and over who worked for one hour or more in the reference week or who had a job from which they were absent. Work is taken to mean work for one hour or more during the reference week, undertaken for pay, profit, commission or payment in kind, in a job, business or farm, or without pay in a family business or farm.
My son was out of work for two months and was actively looking for work over that time. He was too young to qualify for unemployment benefits so he never applied and hence he would not have appeared in the unemployed figures. I wonder how many more are out there like that.
LABOUR FORCE SURVEY
3 The Labour Force Survey is based on a multi-stage area sample of private dwellings (currently approximately 29,000 houses, flats, etc.) and a list sample of non-private dwellings (hotels, motels, etc.), and covers approximately 0.33% of the civilian population of Australia aged 15 years and over.
4 Information is obtained from the occupants of selected dwellings by specially trained interviewers using computer-assisted interviewing.
5 Households selected for the Labour Force Survey are interviewed each month for eight months, with one-eighth of the sample being replaced each month. The first interview is conducted face-to-face. Subsequent interviews are conducted by telephone (if acceptable to the respondent).
6 The interviews are generally conducted during the two weeks beginning on the Sunday between the 5th and 11th of each month. The information obtained relates to the week before the interview (i.e. the reference week). Each year, to deal with operational difficulties involved with collecting and processing the Labour Force Survey around the Christmas and New Year holiday period, interviews for December start four weeks after November interviews start, and January interviews start five weeks after December interviews start. As a result, January interviewing may commence as early as the 7th or as late as the 13th, depending on the year. Occasionally, circumstances that present significant operational difficulties for survey collection can result in a change to the normal pattern for the start of interviewing.
7 Estimates from the Labour Force Survey are published first in this publication 32 days after the commencement of interviews for that month, with the exception of estimates for each December which are published 39 days after the commencement of interviews.
HP, unemployment stats are collated by through survey, not by those claiming unemployment benefits.
Link is here
HP, unemployment stats are collated by through survey, not by those claiming unemployment benefits.
There's also a lot more people working in real estate services which I thought would have been the other way around.
I heard IR,s may go down now because of this!? Hope so!