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Economy

Australia’s Unemployment Rate hits 9.2%

#Unemployment #RoyMorgan #ABS While the ABS claims that Australia’s Unemployment rate is 5.1% the Roy Morgan figure is 9.2%. Let’s look at the different approaches and ask which number better reflects the reality of the economy and which should be used to influence government policy? References HOW DOES THE ABS MEASURE UNEMPLOYMENT https://www.abs.gov.au/ausstats/abs@.nsf/Latestproducts/6105.0Feature%20Article53July%202014 Roy Morgan […]