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Unemployment rate drops

Posted by: 2UE | 6 December, 2012 - 2:36 PM
Unemployment figures are on the increase?

Economists believe Australia's unemployment rate will rise in the coming year, even though it's fallen to a three month low in November.

Almost 14-thousand new jobs were created over the last month for a jobless rate of 5-point-2 per cent.

But all the positions were part-time, offsetting a drop in full-time work.

Shane Oliver from AMP doesn't believe the unemployment rate will remain this low given the raft of weak economic data that's been released.


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Blog comments Your Say

  • Terrence talking up crap again, unemployment is rife and the figures are polluted by including partial employment as a fulltime employment. Partial employment is an indication to growing poverty within a economy caused by underemployment, this is further qualified by the RBA lowering the interest rates yet again. The other fact is the raft of long term employment being lost in country areas of small and medium businesses collapsing.

    mick Tuesday 11 December, 2012 - 11:19 AM
  • When a party's electoral objective is based on talking down the performance of a country which is the envy of the entire world, there must be something terribly wrong with either the party or the leaders of that party. I suspect it is the latter.

    Terrence Friday 7 December, 2012 - 11:15 PM
  • Yeah, I have been saying this for ages now, those false figures that were released about a month ago absolute bull***t, meanwhile while the sh** hits the fan Juliar is spending time on TV doing funny skit shows. Sorry to say but with politicians like that just around the corner eading into idiocracy. Something needs to be done about it before its too late.

    luke Friday 7 December, 2012 - 12:26 PM
  • Unemployment down, interest rates down,Whyalla is still there,wow,how great is the governement going

    Douglas Friday 7 December, 2012 - 11:17 AM
  • And you can bet your boots that Jul-liar Eileen Gillard and her equally obstinate treasurer, boofhead Wayne Swan, have not included the reputed 50,000 New Zealanders who arrived here in Australia recently - the vast bulk of them here bloodging on our welfare system.

    Samuel Kyrikos Friday 7 December, 2012 - 7:24 AM
  • This is but more lies and indecent deceit by the rotten Gillard minority socialist government. They have covered up the true unemployment rate which in my view is running at around 9-10%. Lies, lies and damned defunct labor party politicians. These bastards should never ever again be given the mantle of government anywhere!!!

    Justin J James Friday 7 December, 2012 - 7:12 AM

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