G’day, as you may have seen the government of Australia boasting about a low unemployment rate and we have been seeing alot of headlines like this one below:
These claims are difficult to believe considering you would have to assume this happened DURING the worst part of covid.
The ABS has delivered some of thier ‘statistics’ if you can even call them that.
Keep in mind Australia implemented an nationwide lockdown on the 23rd of march 2020 this was followed by more lockdowns, more intense rules, the closing of borders, the implementation of a vaccine mandate and everything else they did to destroy jobs over the following years.
The govt cooked these stats to show unemployment decreasing and that is by updating the requirements around thier ‘not in the labour force’ title. they have 3 other titles that work under this to create the illusion of low unemployment.
“Discouraged workers
The guidelines recognise that, though not precise in concept (nor defined in the international guidelines), the term ‘discouraged workers’ generally refers to persons who want a job and are currently available for work, but have given up any active job search because they believe they cannot find a job.
Discouraged job seekers
In the international guidelines (Nineteenth International Conference of Labour Statisticians 2013), there are those who are currently available for work who did not seek employment for the following labour market-related reasons:
- personal reasons (own illness, disability, studies);
- family-related reasons (pregnancy, presence of small children, refusal by family);
- lack of transport;
- other sources of income (pensions, rents); and
- social exclusion.
Willing non-jobseekers
The guidelines (Nineteenth International Conference of Labour Statisticians 2013) state that willing non-jobseekers are defined as persons not in employment who wanted employment, but did not seek employment and were not currently available. This group have an expressed interest in employment not included within the potential labour force, but relevant for social and gender analysis.“ – copied from the ABS linked above
ALL THREE OF THESE CATAGORYS ARE NOT COUNTED TOWARD UNEMPLOYED
The most idiotic of the 3 is discouraged workers, literaly just unemployed people lol
It is a one of the biggest lies created by our government and the sad thing is you learn they do this in eco101, so why is it still a thing? why cant we be honest about unemployment?….
BECAUSE THEN WE CANT LEND AS MUCH MONEY!
This is a recipe for disaster.
good luck all.
Thefrogfromauz 