Unemployment edges down to 5pc despite a cooling economy

  • 📰 abcnews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 83%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Despite economic growth slipping back under 3 per cent, strong growth in part-time jobs before Christmas helps to push down the unemployment rate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lol what a load of BS.

Must have been painful for the abc to publish this.

Why don’t you start talking properly and say underemployment is still up. I’m sick of this. I’m tired mate, I’ve had enough of this.

Rubbish.

And these are the LNP's shonky numbers. auspol

Only relevant bit '3,000 full-time jobs being shed over the month' auspol

Under employment 8.3%

Over Christmas!

Underemployment, casualization rates...? inequality neoliberalism gigeconomy auspol laborrights casualworkers

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasurer claims economy is doing well despite global financial warningAfter the International Monetary Fund announced global economy growth has slowed, Josh Frydenberg has said Australia is prepared to absorb any future struggles. 9News Can't trust a thing this bloke says. We’ve gone from Struggle Street to Struggle Nation? That’s some advertising slogan AustraliaStruggleNation auspol Well it's just politics, we could be in a recession and he'd deny it.
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Big changes coming to global economyThe world’s biggest players are set to change dramatically over the next decade, with a new report revealing some big surprises for 2030. At the rate we are going large parts of Australia will be uninhabitable by extreme heat in summer by 2030.
Source: newscomauHQ - 🏆 9. / 77 Read more »

Global economy weakening ‘faster than expected’The global economy is weakening at a faster rate than expected, with the International Monetary Fund (IMF) warning the world is at risk of a sharp downturn. Recession looming
Source: newscomauHQ - 🏆 9. / 77 Read more »

Coalition warns of 'storm clouds' for economy as it ramps up re-election pitchFederal Treasurer Josh Frydenberg warns of storm clouds hanging over the global economy, but assures Australian voters that the Coalition's economic plan can bring about growth, aspiration and budget repair. ohhh goody LNP scare tactics right on schedule Storm clouds due to THEIR policies or lack of. Are we heading for another 'budget emergency'? My goodness they're tiresome and boring. Just call an election and begone.
Source: abcnews - 🏆 5. / 83 Read more »

Business bosses warn of 'choppy year' for Aussie economyChief executives are increasingly nervous about Australia's economic prospects, with a quarter expecting business conditions to deteriorate this year, according to a closely watched survey. Sounded more like a whinge, his corporate mates are scared they wont be able to import cheap foreign workers, at the expense of hiring Australians. Skill shortage is BS, plenty of older Aussies with skills, they just dont want to cut shareholder profits by paying ppl correctly. Business bosses are going to chop from Aussies, another year without 'trickle down' The usual January stuff from these jokers.
Source: abcnews - 🏆 5. / 83 Read more »

ATO hunts hidden income from Uber, Airbnb and other gig economy workersThe Federal Government is on the hunt for revenue lost due to potential underreporting of income or outright tax avoidance by individuals earning money from sharing economy services. Hear we go bottom of the harbour all over again lol ATO or (IT) needs to feed on whatever it can. Exactly. How else am I going to get an increase in my Newstart allowance if these people don't pay their fair share of taxes.
Source: abcnews - 🏆 5. / 83 Read more »