interesting article out today...report by the Australian Institute...about 11.7% unemployment.....the AI report shows there are a further 710,000 people who want to work,***** but are not actively looking for work...they claim to be carers, housekeepers etc...
the criteria for the ABS report is that to claim to be unemployed...****one must be actively looking for work....
oh and the ABS is a survey of 23,000 households....and the figures are then estimated for the total population.....
so how do you feel now...is it 5.7 or 11.7% unemployed.....
my question is why are 710,000 people wanting to work...but are not looking for work...maybe its how the question was presented to them....
eg; could you be bothered waking up on time,,,travelling to work, working 8 hours for a minimum 200,000 a year.....they probably would say yes....
but since their chances of earning even 50,000 are slim...they do not bother...and there is another one supporting them anyway.....
grrrrrrrrrrrrrrrr
http://www.news.com.au/business/stor...-31037,00.html
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- the true unemployment rate is 11.7%
the true unemployment rate is 11.7%
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