Categories
Economy Recession

Unemployment Rate Rises in August

#Unemployment #Underemployment #Recession Australia’s unemployment rate has risen in August to 5.3% despite the RBA’s hopes and dreams. References Unemployment keeps rising to 5.3 per cent in Augusthttps://www.abc.net.au/news/2019-09-19/unemployment-continues-to-rise-hitting-5.3-per-cent-in-august/

Categories
Economy

Australian Underemployment and Overemployment

#Employment #Economy #Underemployment Apparently, the media is attempting to compare a retail worker with a lawyer. While underemployment is an issue, claims that people working too hard is taking away jobs seems farcical. References Underemployment and overemployment problems leave few workers satisfiedhttps://www.abc.net.au/news/2019-09-10/working-50-hours-week-you-might-be-destroying-economy/11494196?section=business