well...i'll be.....
this will do miracles for houseprices!................
....In January 2013 an estimated 1.327 million Australians (10.9% of the workforce) were unemployed. This is up 1.3% in a month and is the highest rate of unemployment since January 2002. The Australian workforce* was 12,139,000, comprising 7,196,000 full-time workers (down 46,000); 3,616,000 part-time workers (down 226,000) and 1,327,000 looking for work (up 151,000) according to Roy Morgan.
A further 1,068,000 Australians were under-employed - working part-time and looking for more work. This is 110,000 less than a month ago, and represents 8.8% of the workforce* (down 0.8%).
In total 2.395 million Australians (19.7% of the workforce) were unemployed or under-employed in January. This is up 0.5% or 41,000 more than last month and also up a large 183,000 (1.9%) over the past 12 months since January 2012.
The latest Roy Morgan unemployment estimate of 10.9% is more than double the 5.4% currently quoted by the ABS for December 2012.
http://www.roymorgan.com/news/polls/2013/4862/
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