Archive for February 18th, 2012
Saturday’s socialist speak out
Posted by John, February 18th, 2012 - under Saturday's socialist speak out.
Comments: 1
The latest Roy Morgan unemployment survey, which gives a more realistic assessment of the situation than the massaged government figures, shows that unemployment jumped to 10.3 percent in January – an estimated 1,278,000 Australians were unemployed and looking for work. Another 7.5 percent were underemployed – working part time but looking for more work. So in the “lucky country” in the midst of a mining boom an incredible 2,212,000 Australians (17.8 percent of the workforce) are either unemployed or underemployed.