Friday, 7 November 2014

Unemployment at 12 year high - Australia

Unemployment in Australia has not been worse since 2002. That includes the GFC. It's currently 6.2%. Abbott is wrecking the place.
Disturbingly, apart from a brief blip in March, the employment to population ratio has been sinking during the Tony Abbott's entire first year in office. He was elected with an employment to population ratio of 61.1 per cent. In a year in which Australia's working-age population has climbed by 1.9 per cent, the number of Australians with jobs has climbed just 0.9 per cent. 

The Coalition promised one million jobs in five years. In its first year in office it has delivered 105,500. In a year in which Australia's working-age population grew 1.9 per cent, the number of Australians with jobs grew just 0.9 per cent. Read more
 
 

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