Unemployment figures in australia has never been more worse with Unemployment surging to 6.4 per cent, its highest level since August 2002. In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.Australia's top statistical data agency, The Bureau of Statistics estimates that the jobless rate … [Read more...] about Strugglestreet in Australia as Unemployment hits 12 year high
Unemployment rate
Australian Employment Rate Steady for last eight months
After having the Employment rate at a healthy rate for the last eight months, the Unemployment rate has reached a high in July. The rise in the unemployment rate has been just 5.1 percent in July from 4.9 percent a month earlier. The ABS monthly aggregate hours worked series showed an increase in July, up 3.6 million hours to 1,621.4 million … [Read more...] about Australian Employment Rate Steady for last eight months