the true unemployment rate is 11.7%, page-6

  1. 17,117 Posts.
    crazy....you may be surprised to know...the ABS 5.7% figure has nothing to do with centrelink...its based on a survey of 23,000 households....and the people in each house respond each month...then the figures are then estimated to cover the whole population....
    go to the www.rba.gov.au site and read how they come up with those numbers
    its amazing ! or really simple
    not sure how the other group come up with their numbers regarding the 710,000 who would like a job..but do not look for one
 
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