Are migrants taking all the jobs?
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Inside Story’s Tim Colebatch revisited a pet theme last week — immigration — in particular citing the following snippet from a Treasury report Shaping a Nation (a report which was intended to highlight the benefits of immigration), with his own comment added beneath:  ‘”Recent migrants accounted for two-thirds (64.5 per cent) of the approximately 850,000 net jobs…

The "real" unemployment rate is down, but still much higher than you think
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One of the biggest drivers of our property markets is consumer confidence. And one of the important factors in consumer confidence is job stability.  While “official” unemployment rates seem low, Roy Morgan research suggests a total of 2.390 million Australians, 17.9% of the workforce, were either unemployed (1,253,000) or under-employed (1,137,000) – down 90,000 (down 0.9%)…

The "real" unemployment figures are a worry for these 4 States
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The ‘Two-Speed’ economy returns with soaring unemployment and under-employment in Australia’s four smaller States (QLD, WA, SA & Tas) according to special analysis of Roy Morgan Research.  They suggest that real employment estimates in each State over the past three months shows unemployment and under-employment are a growing problem in Australia’s four smallest States of Queensland,…

In September Australian real unemployment is now 8.5% (up 0.2% in a year) and under-employment 7.7% (up 0.4%)
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In September a total of 2.103 million Australians, 16.2% of the workforce, were either unemployed (1,101,000) or under-employed (1,002,000). This is up 109,000 (up 0.6%) from September 2015. Unemployment is now comparable to a year ago with 1.101 million Australians (up 43,000 since September 2015) now unemployed. These real unemployment figures are substantially higher than…

Unemployment steady at 5.7 per cent
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Employment inches higher. The May Labour Force figures recorded employment moving +17,900 higher to a total of 11,930,700, with a downward revision to the result for April. Not a bad result, although all of the new jobs were part time in nature. Since 2013, well over half of newly created employment has been in part…

Unemployment rate holds at 5.7% in April 2016
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The Australian Bureau of Statistics (ABS) released labour force data for April 2016 earlier this week.   The data is one of the key economic releases each month and obviously employment is an important factor for the housing market. Someone that is employed with a high level of job security, working as many hours as…

Australian Real Unemployment Rate is 10.4%
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In April 2.322 million Australians (18.1% of the workforce) were either unemployed or under-employed according to Roy Morgan Research. The suggest April unemployment has fallen 0.6% to 10.4% – now 4.7% higher than the current ABS figure for March 2016 (5.7%). Roy Morgan figures show: There are 12,810,000 Australians in the workforce in April, down…

Unemployment falls to 2.5 year low
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The ABS Labour Force release for March 2016 surprised by showing the unemployment rate falling to 5.7 per cent, fairly trouncing expectations to hit the lowest level seen since September 2013. We can’t even blame the sample rotation this time, as the incoming cohort had a greater propensity not to wok that the outgoing sample!…

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