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Chalmer's promising wage growth without promising wage growth, page-59

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Cowboyinvestor

21,268 Posts.

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27/04/22

20:57

Post #: 61054781
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Originally posted by eagle888: ↑

That unemployment rate includes people who work less than one day a week.

As Morgan Research says the real unemployment including underemployment is about 16%

https://www.roymorgan.com/findings/8948-roy-morgan-real-australian-unemployment-in-covid-australia-april-2022-202204131130
"Real unemployment in Australia is far higher than claimed by the ABS, and high under-employment keeps a lid on the wage growth of workers"

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or you could use an actual reputable source.

https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release#:~:text=employment%20to%20population%20ratio%20remained,underemployment%20rate%20decreased%20to%206.3%25.
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