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ABS 6202.0 - Labour Force, Australia, Oct 2016. Jobless rate steady at 5.6%.; Full-time employment increased 41,500 to 8,126,900 and part-time employment decreased 31,700 to 3,812,000
Topic Started: 17 Nov 2016, 12:39 PM (2,388 Views)
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ABS Data: http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0

Employed Persons
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Unemployment Rate
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Quote:
 
OCTOBER KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

Employment decreased 1,000 to 11,946,600.
Unemployment decreased 4,100 to 708,600.
Unemployment rate remained steady at 5.6%.
Participation rate decreased 0.1 pts to 64.5%.
Monthly hours worked in all jobs increased 3.2 million hours to 1668.0 million hours.

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

Employment increased 9,800 to 11,938,900. Full-time employment increased 41,500 to 8,126,900 and part-time employment decreased 31,700 to 3,812,000.
Unemployment decreased 2,000 to 705,100. The number of unemployed persons looking for full-time work increased 700 to 494,300 and the number of unemployed persons only looking for part-time work decreased 2,700 to 210,800.
Unemployment rate remained steady at 5.6%.
Participation rate remained steady at 64.4%.
Monthly hours worked in all jobs increased 14.3 million hours to 1674.8 million hours.
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Trollie
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Oh dear we are supposed to be all losing our jobs :re:

"Monthly hours worked in all jobs increased 14.3 million hours"
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Khaderbhai
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Trollie
17 Nov 2016, 01:59 PM
Oh dear we are supposed to be all losing our jobs :re:

"Monthly hours worked in all jobs increased 14.3 million hours"
And "Full-time employment increased 41,500"

But Crazy Ted told me jobs were tanking everywhere? :lol
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
17 Nov 2016, 02:41 PM
And "Full-time employment increased 41,500"

But Crazy Ted told me jobs were tanking everywhere? :lol
All good mother cat, particularly if you have a qualitative insight into the employment data. Of course, hat's not available to you outside the quantitative spoon feed what the govt shares with you via the beloved media.
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Khaderbhai
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Terry
17 Nov 2016, 03:02 PM
All good mother cat, particularly if you have a qualitative insight into the employment data. Of course, hat's not available to you outside the quantitative spoon feed what the govt shares with you via the beloved media.
Are you waffling again Roddy?
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
17 Nov 2016, 03:07 PM
Are you waffling again Roddy?
Confirming your delight MC. And expanding on what the possibilities that qualitative insight brings. For ex, if 50% of the full-time positions are mining opportunities cleaning toilets, etc and paying more than their perceived market value, that's got to be good, right?

But the point is you don't know. 41,000 new full-time real estate agents and mortgage brokers has a completely different context.

And that's the value of qualitative insight.
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Jimbo
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Trollie
17 Nov 2016, 01:59 PM
Oh dear we are supposed to be all losing our jobs :re:
http://www.perthnow.com.au/news/western-australia/wa-jobless-rate-now-the-nations-worst/news-story/d9241ff7aa3d2d62a27ee8b6cbb17ed8

"THE unemployment rate in WA is now the nation's worst, with the state taking over from South Australia as the nation's jobs basket case.

WA's jobless rate jumped from 6.1 per cent in September to 6.5 per cent in October."
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Terry
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Jimbo
17 Nov 2016, 05:29 PM
http://www.perthnow.com.au/news/western-australia/wa-jobless-rate-now-the-nations-worst/news-story/d9241ff7aa3d2d62a27ee8b6cbb17ed8

"THE unemployment rate in WA is now the nation's worst, with the state taking over from South Australia as the nation's jobs basket case.

WA's jobless rate jumped from 6.1 per cent in September to 6.5 per cent in October."
Party pooper
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Trollie
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Jimbo
17 Nov 2016, 05:29 PM
http://www.perthnow.com.au/news/western-australia/wa-jobless-rate-now-the-nations-worst/news-story/d9241ff7aa3d2d62a27ee8b6cbb17ed8

"THE unemployment rate in WA is now the nation's worst, with the state taking over from South Australia as the nation's jobs basket case.

WA's jobless rate jumped from 6.1 per cent in September to 6.5 per cent in October."
Is that going to mean something to me?
Terry
17 Nov 2016, 04:36 PM
Confirming your delight MC. And expanding on what the possibilities that qualitative insight brings. For ex, if 50% of the full-time positions are mining opportunities cleaning toilets, etc and paying more than their perceived market value, that's got to be good, right?

But the point is you don't know. 41,000 new full-time real estate agents and mortgage brokers has a completely different context.

And that's the value of qualitative insight.
So your idea of qualitative insight is a post full of shit you made up?

Edited by Trollie, 17 Nov 2016, 08:12 PM.
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Khaderbhai
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Terry
17 Nov 2016, 04:36 PM
Confirming your delight MC waffle waffle
Good for you Roddy.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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