Roy Morgan reports unemployment in February hit 12.3% (up 1% for...

Roy Morgan reports unemployment in February hit 12.3% (up 1% for the month). 1.561 million Australians are now unemployed.

It is the highest in 20 years (Since February 1994)

And we haven't yet seen many of the publicised job loses take effect let (i.e the entire Automotive Industry has yet to close)

http://www.roymorgan.com/findings/5464-australian-unemployment-february-2014-201403040532