Treasurer Josh Frydenberg says a fall in the unemployment rate below five per cent is a further sign of the economy's strength and resilience in the face of virus lockdowns.
"The declining unemployment rate continues to coincide with employers reporting high levels of job vacancies and difficulties in finding suitable people for them," ABS head of labour statistics Bjorn Jarvis said. "There is still a long way to go to secure our economic recovery," the treasurer told reporters in Melbourne.
"The self-congratulations from the Morrison government today speaks volumes of their attitude towards this pandemic," Labor deputy leader Richard Marles and shadow treasurer Jim Chalmers said in a statement.READ MORECreditorWatch chief economist Harley Dale said the latest figures provided a solid starting base in the face of a far more uncertain economic outlook than originally expected.
But it's ok, you still get paid!
Your stats are a poor representation of unemployment rates! You base it on casual and part-time rates. Fluctuations constantly! People who lost their businesses, jobs are living off of what little savings they have so not unemployed! But soon unemployment stats will soar!
He's counting casuals, part timers,& the people being forced to take low paid jobs because of the system the Govt imposed via Centerlink where if a person refuses a job offer they lose their benefit. Unscrupulous employers are taking advantage and offering salaries below par.
SBS JoshFrydenberg the Treasure that has so much 🐂💩 coming out your mouth you had to have a PSO 1, employed to wipe your chin, suppose better then a ass wiper for the boss hey😉. PS you should have had a plan, for assistance, failure maybe you need the ADF to sort it out as well
Rubbish. Most of these so called jobs are low hours.
Nothing to do with closed international borders then? Ok
BULLSHIT
He could not be more out of touch with reality if he tried! Gaslighting
I wonder how long until Mr Fuckenberg tells Australia how lockdowns are the best thing for our economy. Maybe he’s saving this solid headline to be announced by Scottie from marketing.
err bullshit
THE JEWISH DIRECTIVE SHAMEFULL
Because of no work & business visa, no state & employer sponsored visa and other back door people can't enter the country. But still long way to go. All companies are hiring so many people in India and still literally no job in Australia.
SBS Totally out of touch with reality
The numbers are fudged
SBS Yay for spinning false figures 🤨
in the pub mate when people start looking at you in away that makes you uncomfortable its time to piss off before someone smashes your face in
SBS The economy has been also 'helped' by the Liberal Party's big corporate friends for favours in return? Possibly..Allegedly...🙃
It would be helpful if he added the under-employment rate, and journalist pushed him for this
SBS Amazing when you don't have loads of overseas ppl working here, despite the whinging from many a business then hey! 😬 Btw not all unemployed have probably been on Welfare! So there's no real need for the much slagging off with those still on Jobseeker Welfare! 🙃
A fall in the unemployed rate is a crystal clear indication of people's desperation under your governments appalling stuff ups.
No. Its a reflection of the measure that anyone working more than ONE HOUR PER WEEK is fully employed. If Im elected treasurer, I will move the target to ZERO hours per week and guarantee 100% employment forever more. Is it only me, or does 1 hr/week sound like....
JoshFrydenberg commentary pretty spot on eh Joshua
SBS All shiity slavery jobs!
Cooking the books again
SBS When I tell my friends education doesn't always mean intelligence, I rest my case with Frydenberg....I win the argument straight away...
Of course , 1 permanent job before covid is now working 3 part time /casual jobs. It's called cooking the books Josh
1 hr a week job is not a job.
Roy Morgan's unemployment est for June
He says as the two largest cities in Australia are in lockdown
NOOOO The borders are closed and Aussies are doing everything
Bullshit! And he knows it.
Forgets to mention the amount of people that work an hour a week, fudging.
I am so glad our gdp is strong while friends of mine go hungry because of another lockdown. Bless the unemployment rate through a pandemic where the vaccine roll out is botched.. blessed
Part time and casual probably the majority
he's wrong
More people working less hours each is never a good thing
And No backpackers or international students! Go figure!
Lol
But people are working less hours so it’s a sign of nothing.
Treasurer Josh Frydenburg says 🥱😴
It’s preven that we don’t need immigration to boost the economy. Save Australian jobs for the Australian. Only Gerry Harvey would need slaves!
You can’t trust Joshs numbers..ever
I am pleased: JoshFrydenberg ScottMorrisonMP AlboMP I hope this continues to avoid potential harm to communities that built Australia and call it home. Please remember that your communities deserve to be treated with respect and protected as they worked hard. resilience
Congratulations JoshFrydenberg ScottMorrisonMP AlboMP
Bullshit it's a sign that hundreds of thousands of overseas students, backpackers and miscellaneous others on dodgy visas are not entering the country to be exploited.
Of course the economy is resilient, it's survived nearly 3 years under this clown.
While the unemployment rate has dropped, did JoshFrydenberg also mentions that the under-employment rate has increased significantly?
Underemployment has increased to 7.9%
Is this the economy that’s a trillion doll hairs in the red? The requirement for employment is one hour of work pwr week? JoshFrydenberg
is there fewer people looking for work tho - like completely given up ?
IStandWithDan ThanksGladys