Today’s release by the Australian Bureau of Statistics (ABS) of the – Labour Force data – for May 2013 signals a deteriorating situation. Employment growth was about zero. The fall in the unemployment rate was due to a decline in … Read the rest of this entry
Tonight is the Federal Budget night. Tomorrow’s blog analysis could be as long as “its appalling”. We already know that. So I might take a day off and leave it at that. Some of the policy changes announced already are … Read the rest of this entry
Today’s release by the Australian Bureau of Statistics (ABS) of the – Labour Force data – for April 2013 shows reasonably strong employment growth. The data looks good – employment up, full-time employment up, participation up, monthly hours worked up. … Read the rest of this entry
Today’s release by the Australian Bureau of Statistics (ABS) of the – Labour Force data – for March 2013 reveals a very weak and deteriorating labour market. All the main indicators were bad – employment fell, full-time employment fell, unemployment … Read the rest of this entry
After several months of very poor labour market news, today’s release by the Australian Bureau of Statistics (ABS) of the Labour Force data for February 2013 provides some respite. In fact, all the main indicators moved in a virtuous direction, … Read the rest of this entry
The Australian Bureau of Statistics released their latest – Persons Not in the Labour Force, Australia – release for September 2012 last week (March 7, 2013). This is an annual publication and provides a detailed breakdown of the demographics of … Read the rest of this entry
Today’s release by the Australian Bureau of Statistics (ABS) of the Labour Force data for January 2013 reveals that the Australian labour market continues to slide. While total employment rose modestly (very), full-time employment fell for the third consecutive month … Read the rest of this entry
A few weeks ago the Federal government admitted that its obsessive pursuit of a budget surplus in the coming year at a time when private spending is still relatively weak was doomed. The slowing Australian economy had undermined its tax … Read the rest of this entry
Yesterday, the third-quarter National Accounts data revealed that real GDP growth is trailing behind the underlying population growth which means that per capita incomes have been falling. Today’s release by the Australian Bureau of Statistics (ABS) of the Labour Force … Read the rest of this entry
The headlines this morning in Australia (economic policy wise) focused on the Government’s Sunday meeting where government departments in Canberra were instructed to find more spending cuts before Xmas as part of a renewed slash and burn of the Australian … Read the rest of this entry
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Full employment abandoned: shifting sands and policy failures
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