Australian Politics Forum - The Unemployment Numbers Climb Up

philperth2010 Gold Member Offline Australian Politics Posts: 21097 Perth Gender:	Re: The Unemployment Numbers Climb Up Reply #15 - Feb 18^th, 2016 at 6:41pm The Liberal Party have added to the unemployment line of late....Surely they will take some of the responsibility???
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: The Unemployment Numbers Climb Up Reply #16 - Feb 18^th, 2016 at 6:56pm philperth2010 wrote on Feb 18^th, 2016 at 6:41pm: The Liberal Party have added to the unemployment line of late....Surely they will take some of the responsibility??? bet they don't.
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stunspore Gold Member Offline Australian Politics Posts: 5097 Gender:	Re: The Unemployment Numbers Climb Up Reply #17 - Feb 18^th, 2016 at 8:18pm I await for the lib supporters to refute this rise - which didn't apply if the numbers go the other way. It amuses me when i see the double standards.
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Dnarever Gold Member Offline Australian Politics Posts: 61317 Here Gender:	Re: The Unemployment Numbers Climb Up Reply #18 - Feb 18^th, 2016 at 8:45pm Probably worth watching for a few months and hope the numbers stabilise or improve again. Don't want to look as silly as Longy chucking a party at the first sign of a possible promising trend.
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Bam

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Re: The Unemployment Numbers Climb Up
Reply #19 - Feb 18^th, 2016 at 9:14pm

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

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mariacostel

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Re: The Unemployment Numbers Climb Up
Reply #20 - Feb 19^th, 2016 at 8:11am

philperth2010 wrote on Feb 18^th, 2016 at 6:41pm:

The Liberal Party have added to the unemployment line of late....Surely they will take some of the responsibility???

Wink

How do you figure that? You are happy to claim the GFC as the cause of unemployment rising last time - despite a mining boom - and now we have a global economic problem along with a crash in the resources sector. The only surprise is that unemployment has dropped in the past 12 months.

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mariacostel

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Re: The Unemployment Numbers Climb Up
Reply #21 - Feb 19^th, 2016 at 8:22am

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

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crocodile

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Re: The Unemployment Numbers Climb Up
Reply #22 - Feb 19^th, 2016 at 8:46am

mariacostel wrote on Feb 19^th, 2016 at 8:22am:

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

Mining doesn't actually employ a lot of people. The capital to labour ratio is really rather high. More so during the investment phase before anything is produced.

The list of unemployed by date is not much use without also quoting the participation rate.

The figures for both labor's period and the coalition aren't that wonderful. They have been moderated by appallingly low wages growth and falling participation rate.

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Very funny Scotty, now beam down my clothes.

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: The Unemployment Numbers Climb Up Reply #23 - Feb 19^th, 2016 at 8:49am Missing , Libs mining boom , last seen with budget emergency
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Bam

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Re: The Unemployment Numbers Climb Up
Reply #24 - Feb 19^th, 2016 at 9:06am

mariacostel wrote on Feb 19^th, 2016 at 8:22am:

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

Conveniently ignoring the fact that the Liberals are in power right now.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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mariacostel Gold Member Offline Australian Politics Posts: 7344 Sydney Gender:	Re: The Unemployment Numbers Climb Up Reply #25 - Feb 19^th, 2016 at 9:06am Its time wrote on Feb 19^th, 2016 at 8:49am: Missing , Libs mining boom , last seen with budget emergency you mean the GLOBAL mining boom, right?
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Bam

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Re: The Unemployment Numbers Climb Up
Reply #26 - Feb 19^th, 2016 at 9:08am

crocodile wrote on Feb 19^th, 2016 at 8:46am:

mariacostel wrote on Feb 19^th, 2016 at 8:22am:

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

Mining doesn't actually employ a lot of people. The capital to labour ratio is really rather high. More so during the investment phase before anything is produced.

Exactly. What is the figure for the mining industry, 1% of the workforce?

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Sir Grappler Truth Teller OAM Gold Member Offline Australian Politics Posts: 89937 Proud Old White Australian Man Gender:	Re: The Unemployment Numbers Climb Up Reply #27 - Feb 19^th, 2016 at 10:42am Dnarever wrote on Feb 18^th, 2016 at 8:45pm: Probably worth watching for a few months and hope the numbers stabilise or improve again. Don't want to look as silly as Longy chucking a party at the first sign of a possible promising trend. Two extra jobs and Longie is in Seventh Heaven....
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mariacostel

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Re: The Unemployment Numbers Climb Up
Reply #28 - Feb 19^th, 2016 at 12:24pm

Bam wrote on Feb 19^th, 2016 at 9:08am:

crocodile wrote on Feb 19^th, 2016 at 8:46am:

mariacostel wrote on Feb 19^th, 2016 at 8:22am:

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

Mining doesn't actually employ a lot of people. The capital to labour ratio is really rather high. More so during the investment phase before anything is produced.

Exactly. What is the figure for the mining industry, 1% of the workforce?

So if the mining industry is so irrelevant and minor then how come the end of the boom is causing so much difficulty?

It never occurred to you that a booming mining industry does not increase employment significantly in a whole host of other sectors?

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crocodile

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Re: The Unemployment Numbers Climb Up
Reply #29 - Feb 19^th, 2016 at 1:02pm

mariacostel wrote on Feb 19^th, 2016 at 12:24pm:

Bam wrote on Feb 19^th, 2016 at 9:08am:

crocodile wrote on Feb 19^th, 2016 at 8:46am:

mariacostel wrote on Feb 19^th, 2016 at 8:22am:

Bam wrote on Feb 18^th, 2016 at 9:14pm:

01/14: 6.0
02/14: 5.9
03/14: 5.9
04/14: 5.8
05/14: 5.9
06/14: 6.1
07/14: 6.2
08/14: 6.1
09/14: 6.2
10/14: 6.3
11/14: 6.3
12/14: 6.1
01/15: 6.4 (highest since 2002)
02/15: 6.2
03/15: 6.1
04/15: 6.2
05/15: 5.9
06/15: 6.0
07/15: 6.3
08/15: 6.2
09/15: 6.2
10/15: 5.9
11/15: 5.8
12/15: 5.8
01/16: 6.0

Unemployment is trending down slowly from the 6.4% peak but it is still higher than at any time during Labor's six years in office. The economy is still sluggish with below-trend growth. At this rate we're not going to see unemployment below 5.0% for 3 years or more.

Conveniently ignoring that Labor increased the unemployment rates by 50% during a mining boom.

Mining doesn't actually employ a lot of people. The capital to labour ratio is really rather high. More so during the investment phase before anything is produced.

Exactly. What is the figure for the mining industry, 1% of the workforce?

So if the mining industry is so irrelevant and minor then how come the end of the boom is causing so much difficulty?

It never occurred to you that a booming mining industry does not increase employment significantly in a whole host of other sectors?

You've got the cart before the horse Maria. The so called boom is busted because of a struggling world economy and the consequent fall in commodity prices, not the other way around.

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Very funny Scotty, now beam down my clothes.

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