Dark_Lord_2008 on 14 April 2019
https://unemployedworkersunion.com/job-seekers-v-job-vacancy-data/
2018 (December)
Unemployed: 666,700 (Labor Force, ABS 6202.0)
Underemployed: 1,117,500 (Labor Force, ABS 6202.0)
Hidden’ unemployed: 1,080,000 (Participation Job Search and Mobility February 2018, ABS 6226.0)
Department of Employment, Vacancy Report: 183,900′
2,864,200 competing for 183,900 job vacancies
Ratio of job seekers to job vacancies: 1 to 15.57
Clearly not enough jobs and majority of unemployed remain unemployed at the end of the month. Failure of businesses and government policy not creating enough employment. More part-time jobs are being created and fewer full time jobs are being created that increases the rate of underemployment.
Last edited by Dark_Lord_2008 - on 14 April 2019
