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General Discussion >> Federal Politics >> Largest jobs growth for 23 years - Onya Abbott http://www.ozpolitic.com/forum/YaBB.pl?num=1410404831 Message started by Swagman on Sep 11th, 2014 at 1:07pm |
Title: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 11th, 2014 at 1:07pm
https://au.news.yahoo.com/thewest/business/a/24963842/number-of-aussies-with-jobs-skyrockets/
Quote:
Must be the relief of finally getting rid of the toxic job killing carbon tax & mining taxes... 8-) [smiley=thumbsup.gif] [smiley=thumbsup.gif] [smiley=tekst-toppie.gif] [smiley=tekst-toppie.gif] |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 1:10pm "The total number of people with jobs rose a whopping 121,000 to 11.704 million in August, official figures on Thursday show." "jobs"? That's full-time jobs? 38 hours per week? Or, does "jobs" include casuals doing just 2 hours per week? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 1:12pm " ... the Australian Bureau of Statistics figures were encouraging but looked a little bit too good to be true." |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 1:12pm "There's no way this economy created 121,000 jobs in the month," Mr Hogan said. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 11th, 2014 at 1:16pm greggerypeccary wrote on Sep 11th, 2014 at 1:12pm:
...and what did Colonel Clink and Sgt Schultz say Greggy? :D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 1:20pm Swagman wrote on Sep 11th, 2014 at 1:16pm:
http://www.youtube.com/watch?v=kp9BJxFHDYI |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 1:22pm
So when unemployment goes up it is a tragegy and Abbotts fault but when it comes down it is an accident and an aberration???
just another Abbott govt success, turning te unemployment rate around after a disastrous 6 years of labor. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 1:27pm "jobs"? That's full-time jobs? 38 hours per week? Or, does "jobs" include casuals doing just 2 hours per week? http://www.youtube.com/watch?v=uhiCFdWeQfA |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 11th, 2014 at 3:20pm
Abbotts policies need time to kick in ... car industry hasn't shut down yet, that'll be a big hit, just in time for the next election
;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by SupositoryofWisdom on Sep 11th, 2014 at 3:23pm
The west Australian newspaper never lets facts get in the way of ABS stats that clearly state unemployment is at a 10 year high under Abbott.
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 3:32pm greggerypeccary wrote on Sep 11th, 2014 at 1:27pm:
you could always just make it up. that's not beyond you Pedantry-Man |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 11th, 2014 at 3:32pm
They get pretty excited about what looks like a first reduction which is still much higher unemployment than we have had for many years.
Remember the previous result was a lot worse - so this one looks better because it's not a lot worse, we recovered back to the previous poor result. Isn't it wonderful. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 3:33pm Its time wrote on Sep 11th, 2014 at 3:23pm:
but clearly the fact that unemployment has dropped steeply is something you don't want to accept. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Lord Sir BigVic VSD and Bar on Sep 11th, 2014 at 3:38pm
http://www.reuters.com/article/2014/09/11/us-australia-economy-employment-idUSKBN0H605N20140911
Let's Have a Look..... Australian employment surged by the most on record in August and far beyond the most optimistic forecast, on the face of it a stunningly strong report that should calm recent concerns about the health of the economy. That's Good - well done The local dollar AUD=D4 leaped and markets are virtually pricing out the chance of a rate cut as Thursday's data from the Australian Bureau of Statistics showed 121,000 jobs were created in August. That was the largest rise since the series began in 1978 and dwarfed expectations for a 12,000 increase. That's Good - well done The jobless rate also surprised by falling back to 6.1 percent, so reversing most of July's unexpected jump to 6.4 percent. Most of the gains came in part-time jobs which surged 106,700, while more people went looking for work as the participation rate jumped to a 16-month peak of 65.2 percent. Oh...an hour a week counts as a 'job' as introduced by Howard and maintained by Labor Analysts cautioned the series was notoriously volatile and carried a lot of statistical noise, but even then the scale of the gains could not be ignored. Volatile, and a lot of people working an hour or so a week? "It's really an off-the scale result to get more than 100,000 jobs created against expectations of only about 10-15,000, and is clearly a very big upside surprise," said Stephen Walters, chief economist at JPMorgan. Yes, off the scale. We thought 10-15000 but in fact it was over 100,000! Gee, I'd employ you to work out my economies of scale buster - you are a winner! "It's always a bit difficult to track what's really going on in the labour market just looking at employment on its own, but when you look at the unemployment rate it's actually come all the way back down to 6.1 percent which is where we were a few months ago." Oh - so it rose to from 6.1 to 6.4 then dropped again. So we are back where we started. Well Done Tone! When it starts falling below 6.1 get back to me July's spike in unemployment to a 12-year peak of 6.4 percent had caused a lot of hand-wringing at the time and much media talk of a sagging economy, and even recession. A 12 year peak in unemployment in July? More than under 6 years of Labor? My My Tone - not a lot to earn a "toppie" icon there Since then data has shown the economy grew a little faster than expected in the year to June at 3.1 percent, while retail sales and home building has been running firm. Oh Good - you have put off a recession by yet another period. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 11th, 2014 at 4:12pm longweekend58 wrote on Sep 11th, 2014 at 3:33pm:
"The total number of people with jobs rose a whopping 121,000 to 11.704 million in August, official figures on Thursday show." "jobs"? That's full-time jobs? 38 hours per week? Or, does "jobs" include casuals doing just 2 hours per week? ("There's no way this economy created 121,000 jobs in the month" https://au.news.yahoo.com/thewest/business/a/24963842/number-of-aussies-with-jobs-skyrockets/) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by JaSin on Sep 11th, 2014 at 4:48pm
A 'job' is officially anything from a Casual 2 hour stint: its an official employment.
Even 6 years ago, I remember guys travelling outside of Sydney for casual 'Farm-Hand' jobs because all their City jobs have been cut down to x1 day a week. By doing this, the Employers allow the Employee to sack themselves in frustration. This still continues today and if you look around the Job-Site Searches: a large amount of jobs are no longer Full-Time ...even 'Careers' are finding it tough. I wonder if Australia's 'Domestic Birthrate' has dropped this year ...what, with women forced to work and not have children - to appease the 'Economy' :-? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 5:30pm
one way of looking at this result is that the 6.4% of the last report was wrong and it was never that high. a 0.3% rise and then fall in a few months sounds unlikely.
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by DaS Energy on Sep 11th, 2014 at 7:09pm Swagman wrote on Sep 11th, 2014 at 1:07pm:
11, 704,000 (6.1%) Employed in August. 6.1% multiplied by 16 = 97.6% 11,704,000 multiplied by 16 = 187,264,000 (workforce) The total population of Australia in August was 23,593,129 This creates a problem in that the economists figures are total bullshit! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 11th, 2014 at 7:14pm
That doesn't include the jobs lost.... and please explain - what are these jobs? Half an hour a week shuffling chips at MacFries?
All we hear is Radio Ga-Ga.. and it's full of stories of workers laid off and businesses closing..... propaganda machine in full swing and telling us that even though all those people lost jobs they actually all got jobs and more.... Yeah - I can see that.. every damned day. How is the unemployment reduction in the Illawarra? Down here the available jobs went down from 23 to 16 in a week.... most of them qualified to the max - accountant, chef, operator of this or that with ten tickets, experienced beer seller, or are part-time sheila's work like book-keeping for which a bloke can apply but will get a laugh before a shuffle off to File 13..... maybe I could get a job as an Aboriginal Women's Advice Officer on Home Issues or something .. oops.. too many special requirements.... |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 7:21pm DaS Energy wrote on Sep 11th, 2014 at 7:09pm:
you are such a dunce. 6.1% is the UNEMPLOYED rate. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 11th, 2014 at 7:54pm longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
Get REAL ! The carbon "tax" and mineral tax have been gone - all of ten minutes They haven't even got their first BUDGET through What has this deceitful government done to cut unemployment figures ? Consumer sentiment slumps as budget worries weigh September 10, 2014 http://www.smh.com.au/business/the-economy/consumer-sentiment-slumps-as-budget-worries-weigh-20140910-10esvz.html#ixzz3D00nAbvs |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 11th, 2014 at 8:28pm
The reality is that while governments love to say their policies are the reason for a decline in unemployment - they actually have little to no impact on unemployment at all other than with such things as the now discredited affirmative action etc that brought 40% more workers into the force from the early 1980's, thus creating a glut of workers and a de facto reduction in household incomes generally, while enhancing a few such - primarily of the Patriarchal society kind of no divorce or it's honour killing for you! Apart from that - in our current guise as a Banana Republic - employment is way too reliant on world trade and other issues outside of Oz.
When we see a solid policy platform such as my GAIA concepts in motion - then we will see a government - the one that instituted the GAIA - being able to claim they lowered unemployment by a deliberate policy of national improvement. Word for Today:- Umemployment - Tony Abbott discussing jobs. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team_Oh_Yeah on Sep 11th, 2014 at 10:26pm Vic wrote on Sep 11th, 2014 at 3:38pm:
Exactly right. a vast majority of the jobs created were part time. And under current Government definitions that can mean as little as an hour a week |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 11:27pm buzzanddidj wrote on Sep 11th, 2014 at 7:54pm:
boofheads like you claimed Abbott was responsible for the debt, deficit and unemployment about three days after taking office. so how's it feel??? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 11th, 2014 at 11:27pm The_Barnacle wrote on Sep 11th, 2014 at 10:26pm:
but under labor those same part time jobs were 34.5 hrs/week right? get over yourself. what you are saying is absolute bunk. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 11th, 2014 at 11:35pm
Wait until the kids leave school and the Christmas job bubble bursts again...
These are called seasonal fluctuations..... even now local businesses are gearing up for Christmas and the warmer weather..... No biggie either way... a historical view of the fluctuations will most likely coincide nicely with 'Tony's Rush Hour of Jobs'.. along the Road To Two Mill-yun Jobs! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Setanta on Sep 11th, 2014 at 11:36pm longweekend58 wrote on Sep 11th, 2014 at 11:27pm:
Counting someone employed if they do a few hours work a week is dodgy no matter who does it. Who introduced the criteria? That is what sucks. Unemployed should be counted as anyone working so few hours they can access Newstart Centrelink payments or whatever they are called today. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 11th, 2014 at 11:40pm |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by skippy. on Sep 12th, 2014 at 6:21am Swagman wrote on Sep 11th, 2014 at 1:07pm:
They added that “even the ABS probably doesn’t believe it”. ROTFLMAO |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Taipan on Sep 12th, 2014 at 6:26am Swagman wrote on Sep 11th, 2014 at 1:07pm:
What about all the jobs that have been lost over the years. Thousands of them! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dame Pansi on Sep 12th, 2014 at 7:14am The number of full time jobs fell. Try paying your mortgage or rent on 15 hours work per week. Most part time workers are also on benefits because they don't earn enough to make ends meet. Nothing to brag about. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 7:57am
gotta love it... unemployment rate up: abbot to blame. unemployment down: dodgy data
you lot are a laugh |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 12th, 2014 at 8:04am
oh look, longy the cheerleaders back
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dame Pansi on Sep 12th, 2014 at 8:07am Employment up, hours down, people registering for benefits up. Nothing to brag about. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 8:09am John Smith wrote on Sep 12th, 2014 at 8:04am:
so JS choose your position on this 1) the 6.4% of last month was wrong and it was actually 6.1% so all your criticisms were unjustified - OR - 2) the Abbott govt has massively improved employment and the biggest drop in unemployment in 35 years. they are your only two choices and both suck for you. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 12th, 2014 at 8:13am longweekend58 wrote on Sep 12th, 2014 at 8:09am:
who says they are my only choices? you think the world revolves around what you say? I say the figures look dodgy and should be taken with a grain of salt ... you really think we've had more jobs created in the last 4 weeks than in the last 12 months combined? pull your head out longy and put those pom poms down |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 8:35am buzzanddidj wrote on Sep 11th, 2014 at 7:54pm:
THE Australian Bureau of Statistics has come under fire after reporting the biggest monthly jump in employment in the 35 years of official records, with market economists slamming the figures as “unbelievable.” The August monthly labour force survey showed 121,000 jobs were created in four weeks, more than the economy had generated in the previous 12 months and almost 10 times more than the market was expecting. Almost 90 per cent of the new jobs were part-time. Citigroup’s two chief economists, Josh Williamson and Paul Brennan, said: “We don’t believe the data.” They added that “even the ABS probably doesn’t believe it”. http://www.theaustralian.com.au/news/economists-slam-abs-over-wild-jobs-figures/story-e6frg6n6-1227055927133 |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 8:39am Statistically significant: why the ABS cuts matter 6 Jun, 8:06 AM Budget cuts at the Australian Bureau of Statistics might not seem like a big deal but compromising the scope and quality of our national statistics is a decision that should not be taken lightly. These cuts highlight the short-sightedness of Australian politics, where immaterial budget savings are placed ahead of an organisation that plays a pivotal role in government decision-making and our economic well-being. The ABS has failed to, as Prime Minister Tony Abbott might say, “live within its means” for years. Over the past three years it has accumulated deficits of $117 million, including $45.5m over the last financial year. Based on the current budget, the ABS must cut spending by $50m over the next three years. http://www.businessspectator.com.au/article/2014/6/6/politics/statistically-significant-why-abs-cuts-matter |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 8:39am John Smith wrote on Sep 12th, 2014 at 8:13am:
they ARE the only two choices available. they are either right or wrong. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 8:40am buzzanddidj wrote on Sep 12th, 2014 at 8:35am:
so last months 6.4% was wrong as well when it was the HIGHEST jump in 12 years???? you really are rogue-poll, buzz or rogue-stat buzz. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 12th, 2014 at 8:45am longweekend58 wrote on Sep 11th, 2014 at 3:32pm:
Struggling to come up with an answer, hey? "jobs"? That's full-time jobs? 38 hours per week? Or, does "jobs" include casuals doing just 2 hours per week? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 8:49am greggerypeccary wrote on Sep 12th, 2014 at 8:45am:
you know as well as everyone that 'employed' means having one hour of work per week or more. that definition does not however imply that ANYONE is working one hour or the distribution of hours worked. in fact, all it does is give wankers the opportunity to complain vociferously about something they know nothing about. Surely Pedantry-man would know all about words with super-wide definitions. Perhaps you can use your super power to com up with a range of words to cover the range instead of just 'employed'. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 12th, 2014 at 8:56am longweekend58 wrote on Sep 12th, 2014 at 8:49am:
How many hours, on average, are these "jobs" providing each week? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 12th, 2014 at 8:59am
I heard on the radio:
90% of these new jobs are part time. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 12th, 2014 at 9:02am Bobby. wrote on Sep 12th, 2014 at 8:59am:
http://www.youtube.com/watch?v=2TnkJ8_BmSI "The bureau of statistics admitted to concerns about the huge jump in part time work through August ... " https://au.news.yahoo.com/thewest/a/24964040/surprise-job-spike-drops-unemployment-rate/ |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 12th, 2014 at 9:19am longweekend58 wrote on Sep 12th, 2014 at 8:49am:
That's the official cop-out on providing jobs that pay their way. How does one hour a week pay for the cost of bus fares to work? That's not a job - it's slavery and imposition by a stupid government on those without the power to object, in that it enables that same government to punish any who refuse such nonsensical work. A fairer rendition would be:- Jobs offering 1-10 hours a week - xx% or yyy total. Jobs offering 10-20 hours a week - aa% or bb total. Jobs offering 20-30 hours a week - cc% or dd total. Jobs offering 30-38 hours a week - ee% or ff total. It's called HONESTY IN REPORTING. Not just some shotgun blast to cover the savage deficiencies in work opportunities and life opportunities for the many. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 9:29am greggerypeccary wrote on Sep 12th, 2014 at 8:56am:
I don't know and neither do you. and an average tells you nothing. you need a distribution. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 9:31am Grappler Deep State Feller wrote on Sep 12th, 2014 at 9:19am:
don't get so uppity. that data is actually available I am sure. the ABS does a whol lot more than say '6.1% unemployment' and then go back to partying for a month. maybe you should enquire about it rather than whinge? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 9:32am greggerypeccary wrote on Sep 12th, 2014 at 9:02am:
must really suit your basic distrust of... everything. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Sep 12th, 2014 at 9:41am longweekend58 wrote on Sep 12th, 2014 at 9:32am:
"The bureau of statistics admitted to concerns about the huge jump in part time work through August ... " |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 9:43am
I've NEVER been a great believer in this "polling" of 1000 odd people method to find the nations unemployed numbers
... but at LEAST - up until NOW - there has been a credible, smooth calculation from one month to the next The LATEST figures from the ABS have all the credibility of an Essential Research poll - or to paraphrase Longweekend58, a "rogue poll" I feel pretty confident in predicting an "adjustment" from the ABS in the next round of statistics Now, HERE'S a thought ... Hows about, every month, the government release the EASILY COLLATED numbers of Centrelink Newstart payments over a fort-night ( ... including PART payments) plus the number of Newstart applications pending THESE figures can't be FLAWED |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 9:46am
Poll added
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by DaS Energy on Sep 12th, 2014 at 10:38am longweekend58 wrote on Sep 11th, 2014 at 7:21pm:
Typing correction. Unemployed. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 10:56am buzzanddidj wrote on Sep 12th, 2014 at 9:43am:
dole payments don't reflect the number of unemployed. if you lose your job and your spouse is working, you cannot claim the dole. you are still unemployed. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by JaSin on Sep 12th, 2014 at 11:07am
Increase in jobs?
More like an increase in Unemployment Agencies as 'the jobs', that are just processing the Unemployed and 'Casuals'. Yes there will be a fluctuation of the Holiday/Summer season as heaps of 'Newbies' will fill in the temporary Holiday jobs along the coasts and other Tourism dependent regions, while most other Employments just 'close down' for the Holidays. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by JaSin on Sep 12th, 2014 at 11:26am
I have been looking over all the 'different' Population Growth examples on the Net.
The most I can make out, by averaging out I guess is that Australia had a great Population Growth back in 1970 with both Domestic Birth Rate and Immigration. Then everything just slowly declines with some minor ups. There was a real 'downer' after the year 2000 during the 'noughties'. During ALP/Gillard - the population jumped a bit, but this was mostly due to immigration above that of a good domestic birthrate as well. Now things are suddenly on the slide downward again. This must be the typical Liberal effect that they like women working 'for their budget (to pay for Military toys)' rather than having babies at home. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 12th, 2014 at 11:33am longweekend58 wrote on Sep 12th, 2014 at 9:31am:
Perhaps you could do it for me instead of adhominem-ing like a twerp... since you have all the answers. Now ask yourself again why I rarely bother to answer you. I offer a solution - you call it whining. What part of the arse end of the Universe do you come from? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 12th, 2014 at 11:42am
I think that if you counted the true number of unemployed & added it to
those on the DSP who can't work - you'd get a figure of about 2 million people unemployed. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 12th, 2014 at 1:25pm longweekend58 wrote on Sep 12th, 2014 at 8:39am:
only in your head .... i haven't made any comment about previous figures or future figures, my comment was on these figures ... you can try and interpret them to mean whatever you like, but thats just more pom pom waving from the libs resident cheerleader |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 2:54pm Bobby. wrote on Sep 12th, 2014 at 11:42am:
If the Disability Support Pensioners are now "unemployed" - why not add in those "unemployed" Aged Pensioners, as well ? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 3:06pm buzzanddidj wrote on Sep 12th, 2014 at 2:54pm:
and don't forget spouses that don't work. unemployed can only be those that WANT to work, CAN work but cant get jobs. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 3:23pm longweekend58 wrote on Sep 12th, 2014 at 10:56am:
Regardless of that micro demographic, it would HAVE to give a more accurate picture than a random "phone around" I MEAN, new jobs at TEN TIMES market economists' predictions and expectations ? When did THAT last happen ? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 12th, 2014 at 3:26pm longweekend58 wrote on Sep 12th, 2014 at 3:06pm:
Longy - you are naive - you are forgetting that a lot of people who are unemployed get the DSP by claiming to have a bad back or that they are crazy - just to get enough money to live on as the dole is way below the poverty line. forgiven namaste |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 12th, 2014 at 4:53pm buzzanddidj wrote on Sep 12th, 2014 at 3:23pm:
unders a LIBERAL govt!!!! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Sep 12th, 2014 at 7:17pm longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
Now, if only Australians who WORK could share your "sunshine, loli-pops and rainbows" view of the economy through another two years of Abbott/Hokkeidian mismanagement bogarde73 wrote on Sep 11th, 2014 at 1:20pm:
It is ONLY in times of dire economic outlook that workers will step forward to be SHAFTED by employers terms and conditions |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 12th, 2014 at 11:28pm longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
It's rubbish posts like this which prove that you know nothing about statistics. It's simply a different ABS sample producing different figures. The best guess is that the previous month's figures (showing a jump) were an aberration. Unemployment hasn't come down, not by that amount. There's too much weakness in the economy to indicate that unemployment is coming down, especially the soft wages growth. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 12th, 2014 at 11:40pm longweekend58 wrote on Sep 12th, 2014 at 8:09am:
Your logical fallacy is black-or-white Quote:
Other possibilities: * Last month's 6.4% figures were accurate and the current figures are an aberration. * Both sets of figures are an aberration and the actual figures lie somewhere in the middle. More possibilities also exist. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by SupositoryofWisdom on Sep 12th, 2014 at 11:42pm Bam wrote on Sep 12th, 2014 at 11:28pm:
Don't confuse him, just the other day he was banging on about it being Labors fault for the highest unemployment in 10 year figures because of a "trickle effect", that only works for unemployment figures naturally :) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 6:10am
The unemployment surveys involve a bit more than 1000 people surveyed. More like 45,000.
No matter, the last two figures are a bit suss, but 120K part time jobs is unrealistic. Regardless—unemployment is now over 6% and is going to go higher not lower and that is the real reason for the crap about the level of threat being raised and monkey jonesing to join a war, any war to distract from economic mismanagement. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 6:40am
Poll: my answer would be neither or either.
The poll method is unreliable based on sample size and honesty in answering and the unemployment stats only cover those who register or are applicable to making a claim. As long as the approach is consistent the numbers resulting normally produce a good idea of the current trend which is about all the stat is any good for providing. What we currently do in normally adequate to map any change even though the final result is normally almost meaningless. The last 2 months seem to possibly be the one exception in my life memory which is a significant worry if employment really is that unstable at present - the best outcome would be for it to end up being an rogue poll or driven by some type of error / related to staff cuts etc. If it is genuine we are in a mountain of trouble. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 6:43am
Sample size of 40K+ should be fine. Something else is behind the erratic figures.
Re growth in unemployment—this started with the fairly massive fiscal consolidation (cutting spending) trying to get a surplus. The cutting Abbott is doing is going to result in much more unemployment and recession. The reasons are simple—the labor market is fragile and the household sector is still heavily indebted. We get a recession watch out for house prices collapsing which will see the private sector cut spending even further. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 6:50am Bobby. wrote on Sep 12th, 2014 at 11:42am:
From a population of 23 Million we have about 11 Million employed with 5 Million under 15 and 4.8 Million over 65. Which leaves about 4 Million working aged people not working if you count it that way. Not saying this means anything. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 13th, 2014 at 7:11am Dnarever wrote on Sep 13th, 2014 at 6:50am:
23 -11 - 5 - 4.8 = 2.2 million unemployed. but then you have to subtract those still at school & university or TAFE. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 9:17am Bam wrote on Sep 12th, 2014 at 11:28pm:
which is PRECISELY what I have been saying. I am enjoying watching you clowns having to backpedal from last months hysteria. I studied university statistics and have been folloing polling for decades. from time to time you see this sort of thing happening. a few years ago Gillards poll numbers jumped 5% for no reason at all and the laborites shouted with glee only to see it all disappear the next month - also for no good reason. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by cods on Sep 13th, 2014 at 9:38am longweekend58 wrote on Sep 13th, 2014 at 9:17am:
dont you love the way the lefties believe all the charts and figures.. like the latest on who stopped the boats!!!!!!!! of course it was krudd.... ::) ::) the moment the figures favour the Libs.. they are all wrong and confused....we know...its amazing how it happen every time.. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 9:43am Bobby. wrote on Sep 13th, 2014 at 7:11am:
Whoops - 2 + 2 = 3. have to subtract those still at school & university or TAFE I figure a lot of them work as well and it also balances against those still working over 65. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Sep 13th, 2014 at 10:33am
The point is - as we all know - the figures are rubbery as hell and designed to serve the government in place.
Put simply - it is all lies. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 13th, 2014 at 10:40am Grappler Deep State Feller wrote on Sep 13th, 2014 at 10:33am:
Politicians don't lie: https://www.youtube.com/watch?v=wAHNXdHai0g |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 13th, 2014 at 2:59pm longweekend58 wrote on Sep 13th, 2014 at 9:17am:
;D ;D ;D good attempt at backpeddling longie, but not good enough .. i noticed you cut out half or Bams quote Why is that? like has been said, there are many reasons for the figures ..... at this stage you simply haven't got enough information to determine which figure is wrong or even that it is wrong, so stop making sh1t up |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 3:46pm
Electoral poll—about 1000 sample, sometimes about 1800.
Jobs survey—over 40,000 sample. Rather different margins of error! And no poll has Abbott in Front = #OneTermTony and he will be lucky not to be bumped off before the next election :) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 4:50pm
what you clowns fail to understand is that the unemployment rate is not even claiming to be a totally accurate figure but a trend point. is the true state of unemployment 6.1% Don't know, but most importantly, it doesn't matter either. unemployment figures are only of any value as part of a data series that allows you to define TRENDS. over the past 3 years unemployment has been trending upwards at a consistent rate. what we know from that is simply that: that it is increasing at a defined rate. we can calculate the trend but not the absolute numbers.
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 5:10pm longweekend58 wrote on Sep 13th, 2014 at 4:50pm:
over the past 3 years unemployment has been trending upwards at a consistent rate. Wrong - it was fairly constant during most of 2012. Low of 4.9% in April but the year started at 5.2% - High of 5.4% Sept when the government changed in Sept 2013 the rate was at 5.6% That is a variation in 2012 of 0.3% but it was 5.2% the previous September or 0.2% variation and the 12 months prior to the 2013 election from 5.4% to 5.6% - 0.2% This Liberal term 1st year it has gone between 5.6% and 6.4% - 0.8% Sep 2011/12 0.2% Sep 2012 /13 0.2% Sep 2013/14 0.8% The trend has not been consistent - it has increased by 400% this year. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 5:31pm Dnarever wrote on Sep 13th, 2014 at 5:10pm:
nope. youa re wrong as the graph shows. ![]() |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 13th, 2014 at 5:33pm
Wow - that graph tells it all - even with all the fake figures used
to hide the unemployed it's rising fast under Abbott - the one term PM. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 5:34pm
Yup, the trend has been accelerating through the term of the shambles to date.
Not surprising—cut govt spending drastically at this time and increased unemployment is the result. Now they want to bring in foreign workers, including those who cannot speak or read English and pay them under award. Who thinks this is going to decrease unemployment? We will be lucky for unemployment not to have a 7 in front of it by the end of the year. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 13th, 2014 at 5:40pm
Abbott has cut funding the the ABS to such a point that now their stats are utterly worthless
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 5:46pm St George of the Garden wrote on Sep 13th, 2014 at 5:34pm:
![]() |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sprintcyclist on Sep 13th, 2014 at 5:51pm with iron ore and coal prices dropping we have real problems. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 6:19pm
Those problems are exacerbated by monkey and Hokey, Sprint.
If they decide to do away with the RET we will have 7% unemployment this month! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 13th, 2014 at 6:22pm longweekend58 wrote on Sep 13th, 2014 at 5:46pm:
except that that black line is what A LIBERAL CHEERLEADER SEE'S , NOT A STATISTICIAN and the real trend is somehwere in the middle of that line longie .... looks like it's going up to me ... why do you pretend its going down? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 13th, 2014 at 6:23pm St George of the Garden wrote on Sep 13th, 2014 at 6:19pm:
Double digit unemployment by the time we kick these idiots out |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 6:33pm John Smith wrote on Sep 13th, 2014 at 6:22pm:
clearly, you've never done curve/line fitting, but then again any kind of maths probably eludes you. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 13th, 2014 at 6:34pm longweekend58 wrote on Sep 13th, 2014 at 6:33pm:
and yet you are the one struggling to read the graph ;D ;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 6:41pm John Smith wrote on Sep 13th, 2014 at 6:34pm:
IM not sure if it is your maths or English comprehension that is worst. I have NEVER said unemployment is going down. In fact, I have been saying repeatedly that it has been trending UP for the last almost 3 years at roughly the same rate. if you are going to disagree with me at lease do so with something I actually SAID. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 6:41pm
I have done maths to University level. Doubt MeLieLongTime has.
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 6:43pm St George of the Garden wrote on Sep 13th, 2014 at 6:41pm:
I did actually and physics. but it is hardly a difficulty to fit a straight line to this graph and see that it FITS. now if you wish to criticise my maths or the graph then please do so but don't wave around a crappy unverified claim of university maths you probably undertook 50 years ago |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by perceptions_now on Sep 13th, 2014 at 7:38pm
I would suggest, there are valid reasons for the phrase, "Lies, damned lies, and statistics", particularly Government Statistics and that applies to the Left, Right & Centre, of Politics!
That said, the Employment stats of the last 2 months, are clearly not just incorrect, they are substantially incorrect! We can only but HOPE that the system is realigned, so the figures start to show something a little closer to Reality? A good example of how wrong Government Stats can be, is demonstrated in the following chart - The above chart & other information is available at John Williams Shadow Government Statistics, which is US based. http://www.shadowstats.com/ |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 8:06pm perceptions_now wrote on Sep 13th, 2014 at 7:38pm:
another Prozac_now post that is off topic and wearing a tinfoil-hat. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 8:09pm longweekend58 wrote on Sep 13th, 2014 at 6:43pm:
Touch under 50 years ago. Unemployment is accelerating. Be exponential soon, Longy and you will no doubt argue the exponential curve is approximately linear. :D ;D :D ;D :D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 8:13pm St George of the Garden wrote on Sep 13th, 2014 at 8:09pm:
you clearly either learned little or forget what you did. the graph I showed had unemployment growth at PRECISELY linear - a term you seem to have forgotten. and the likelihood is that the trend has in fact turned DOWNWARDS. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 8:15pm longweekend58 wrote on Sep 13th, 2014 at 5:46pm:
Normalise the whole chart and see what you get also cover the period that you originally specified and not just the part that gives the illusion you want. Quote:
That I agree with but its not what you originally said. it clearly accelerated through the later part of 2013 and continued into 2014. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 8:19pm Dnarever wrote on Sep 13th, 2014 at 8:15pm:
not a lot that you understand about graphs and statistics, is there? there has been a straight-line trend in upward unemployment for nearly 3 years - most of it under labor. you may not like it or even understand it, but it still remains true. and the only idiot that thinks the trend is accelerating is a person with either no skill or no intellectual honesty. quite simply, you are just lying. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 8:20pm Dnarever wrote on Sep 13th, 2014 at 8:15pm:
it is you that is after illusion. you want a chart that says labor kept unemployment low and it only increased under Abbott. not even your pitiful retelling of statistics can't manufacture that fantasy. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 13th, 2014 at 8:40pm longweekend58 wrote on Sep 13th, 2014 at 5:46pm:
Only Longy could publish a graph with the line going up & claim it was alright. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 13th, 2014 at 8:42pm Bobby. wrote on Sep 13th, 2014 at 8:40pm:
then feel free to draw what YOU think is the trend line. this should be good... |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 8:43pm
No, the stupid attempt to go for a surplus boosted unemployment. What monkey, Hokey and the rest of the shambles are doing will accelerate that. Since we are not sure just what the unemployment rate is for the last two months lets not get too dogmatic eh?
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 13th, 2014 at 9:30pm longweekend58 wrote on Sep 13th, 2014 at 6:41pm:
creating arguments against your own stupidity now? I've highlighted what I said for your benefit .. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 9:41pm longweekend58 wrote on Sep 13th, 2014 at 8:20pm:
I never held that opinion. However it was relatively stable for most of the term your 3 year of constant upward trending is clearly not shown on your graph. You have failed to include 2011/2012 in your 3 year trend ? over that period it was relatively flat, increasing slightly in 2012/13 and accelerating in 2013/14. If you go back the full Labor term you see it starting low - bumping up slightly at the beginning of the GFC and coming back down with the stimulus then remaining relatively stable till 2013. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 13th, 2014 at 9:48pm longweekend58 wrote on Sep 13th, 2014 at 9:17am:
What about this then? longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 9:52pm longweekend58 wrote on Sep 13th, 2014 at 8:42pm:
Your lines start over 12 months after you said they should (3 years of upward trend is clearly not correct.) ? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 13th, 2014 at 9:55pm Dnarever wrote on Sep 13th, 2014 at 9:52pm:
its ok, longie studied maths and physics at uni ;D ;D ;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sir Bobby on Sep 13th, 2014 at 9:57pm longweekend58 wrote on Sep 13th, 2014 at 8:42pm:
That's easy - the trend is upwards - to more unemployment. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 13th, 2014 at 10:01pm longweekend58 wrote on Sep 13th, 2014 at 6:41pm:
Oh, really? longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 13th, 2014 at 10:10pm
Abbott promised to create one million jobs in five years ... ;D
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sprintcyclist on Sep 13th, 2014 at 10:16pm Sprintcyclist wrote on Sep 13th, 2014 at 5:51pm:
Quote:
http://www.miningaustralia.com.au/news/i-ve-never-seen-it-this-bad-coal-job-losses-hurt-h We have some big problems on the horizon. While I doubt that what anyone here says will help, trying to prove someone else wrong will not help. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Sprintcyclist on Sep 13th, 2014 at 10:20pm Quote:
http://www.macrobusiness.com.au/2014/06/bhp-mulls-3000-iron-ore-job-cuts/ other iron ore companies are in the same predicament. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by perceptions_now on Sep 13th, 2014 at 10:22pm longweekend58 wrote on Sep 13th, 2014 at 8:06pm:
Actually, my post was on topic Longy, I simply pointed out that the assumption of the topic was incorrect, because Government stats, from all Political Party's, are full of half or fully baked lies &/or distortions. John Williams clearly demonstrates that there are "discrepancies" in his Shadow Government Statistics chart & website! But, as usual, due to your problems with the 4 R's - Reading wRiting aRithmetic & compRehension you fail to pick up on many things that are otherwise obvious, because they don't agree with your "beliefs". Cheer up Longy? And, have a nice day now, ya hear? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 13th, 2014 at 10:23pm Sprintcyclist wrote on Sep 13th, 2014 at 10:20pm:
They got too fat in the resources boom, this was always going to be the result in the end. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by perceptions_now on Sep 13th, 2014 at 10:31pm Sprintcyclist wrote on Sep 13th, 2014 at 10:16pm:
I agree! As I have written recently, in the following post & others, we are facing some very difficult times & whether Labor or Liberal are in power, will only make small variations at the margins, whilst the real crunch will still be experienced, anyway! http://www.ozpolitic.com/forum/YaBB.pl?num=1277536490/1073#1073 |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 13th, 2014 at 10:38pm
Yup, with coal exports declining as countries move to cut emissions or due to economic concerns monkey rescinds the carbon price and might still rescind the RET. Bit out of step, wot?
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:25am John Smith wrote on Sep 13th, 2014 at 9:30pm:
why do you think what YOU said is correct? you've already indicated multiple times that you have no idea about statistics. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 14th, 2014 at 8:28am
you do understand Longie that it takes a little more than just you saying so, for something to be true?
You're an idiot, just face up to it and move on |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:28am Dnarever wrote on Sep 13th, 2014 at 9:41pm:
can you not read a graph??? take a look again. the climb up starts around march 2012 and has continued for around 2.5 years since at a steady rate. pretending otherwise makes you sound like green-snot. and since we know that last months 6.4% was probably wrong, the actual trend is not to SLOW down the rate of increase. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:29am Bam wrote on Sep 13th, 2014 at 9:48pm:
if you don't understanding mocking irony then that is not my problem, |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:31am John Smith wrote on Sep 14th, 2014 at 8:28am:
you only have to read a graph.. it isn't that hard. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 14th, 2014 at 8:35am
We know the last two points on the graph are suss.
What the shambles are doing has destroyed confidence and directly increased unemployment. I do believe unemployment is now over 6% and accelerating, thanks to “Onya Abbott.” |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:38am St George of the Garden wrote on Sep 14th, 2014 at 8:35am:
you can believe whatever you want but it will be based on nothing but your delusions. just as you have no idea of the difference between linear and exponential, you also have no idea of the difference between constantn trend and slowing trend. unemployment growth rate is slowing. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 14th, 2014 at 8:40am
No way is the rate of unemployment growth slowing!
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 14th, 2014 at 8:42am longweekend58 wrote on Sep 14th, 2014 at 8:31am:
I'm not the one cherry picking two numbers of many on that graph, that you've previously admitted are faulty, and concluding a trend based on those two numbers .... only an idiot would do that ! wait a minute, that was you ;D ;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:46am St George of the Garden wrote on Sep 14th, 2014 at 8:40am:
in your mind that is obviously true, but then again you thinkn the oridinal NBN could be finished by Christmas for $149,99 while the turnball NBN will cost $300B you are a joke - and a bad one. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 14th, 2014 at 8:50am
Abbotts got the right idea..starve the ABS of funds so now they have no idea of what the unemployment stats are ;D
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 8:53am
Now that we know that August's unemployment figures were wrong we can take that out of the graph and what do we see? a slowing down in the rate of unemployment growth courtesy of the Abbott govt.
look and weep. ![]() |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 14th, 2014 at 8:54am longweekend58 wrote on Sep 14th, 2014 at 8:53am:
i see unemployment going up edit |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 14th, 2014 at 8:55am longweekend58 wrote on Sep 14th, 2014 at 8:46am:
I have pointed out that all the bits of selfserving paper Turncoat has commissioned show FTTH is feasible and economically possible. I have tried to estimate the cost of FTTN+HFC taking into account the cost of acquiring, auditing, remediating the copper, maintaining the copper and powering the nodes. All those bits of paper, the “Strategic Review” the so–called “CBA” do NOT take into consideration the above costs and STILL cannot show FTTN is significantly cheaper than FTTH. YOU may wish to believe lies and the charlatans that spin lies, I don’t. I gave a detailed account of my estimate for FTTN/HFC, you, wisely but cowardly, did not dispute any of my figures and reasoning. Now you seek to disparage me by quoting double the worst figure I worked out. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 14th, 2014 at 9:06am longweekend58 wrote on Sep 13th, 2014 at 6:41pm:
OK longweekend58 wrote on Sep 11th, 2014 at 1:22pm:
and longweekend58 wrote on Sep 11th, 2014 at 3:33pm:
but wait, there's more longweekend58 wrote on Sep 12th, 2014 at 7:57am:
your problem longie is that you pump out the crap so fast that even you have no idea what you said ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 14th, 2014 at 9:11am John Smith wrote on Sep 14th, 2014 at 9:06am:
You can set your watch by the back flips and turn abouts :D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 14th, 2014 at 9:55am longweekend58 wrote on Sep 14th, 2014 at 8:29am:
If you have a reputation for posting lies and bullshit then it IS your problem. You also posted this: longweekend58 wrote on Sep 11th, 2014 at 3:33pm:
You VERY CLEARLY have said in multiple posts that the unemployment rate "dropped", and your denials are ludicrous. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Sep 14th, 2014 at 9:59am longweekend58 wrote on Sep 14th, 2014 at 8:53am:
(See post for "chart") You claim to know something about statistics, but this rubbish clearly proves that you don't. Those are not trend lines calculated from actual data. Those are just lines you've drawn on cherrypicked data points with no explanation as to how you chose those points. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 14th, 2014 at 10:12am Bam wrote on Sep 14th, 2014 at 9:59am:
That is how the non–existent pause in AGW got promoted, chop off start and end points as not fitting the “pause.” Unemployment has at least one, probably two (the last two) suss data points so relying on the graph is folly—thought Longy with his stats knowledge would have known that. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 14th, 2014 at 10:28am longweekend58 wrote on Sep 14th, 2014 at 8:53am:
Did I miss something - how do we know that ? Last I seen the result was based on what was measured just as the current measure was ? The current improvement is based on 107,000 part time jobs added in the month? Has someone identified what happened ? If there were over 100K new jobs added this explains the improvement then the previous figure must also stand, I still think we need to see several more ABS releases to get an idea of what is going on. You are still only going back to around March of 2012 which does not cover the three year period you specified. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 14th, 2014 at 10:30am
For a start Abbotts cuts to funding of the ABS has meant a dramatic decrease in the people surveyed and responding when it comes to employment stats.
That alone changes the figures |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by eagle eyes on Sep 14th, 2014 at 12:30pm
I don't listen to government/media propaganda. I listen to the people! I've talked to many young backpackers from France, Italy and Germany recently and I was happy to hear that more and more young people seriously talk about people's revolution. Overthrowing the filthy, greedy upper class. 8-) 8-) 8-) Good signs! 8-) 8-) 8-)
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Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:01pm John Smith wrote on Sep 14th, 2014 at 8:54am:
slowing down of the RATE OF INCREASE... how do such otherwise simple concepts elude you? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:03pm Bam wrote on Sep 14th, 2014 at 9:55am:
in the last month that is unequivocably true or do you wish to content that 6.1 is NOT less than 6.4??? as far as trends are concerned however, the best you can say is that it represents a small drop in the RATE OF INCREASE. now, go ahead and disagree with that (which you will of course) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:04pm Bam wrote on Sep 14th, 2014 at 9:59am:
they are BEST FIT lines. but as I challenged you before, if you don't like it then draw your own best fit line and then tell me why it is different to mine. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:05pm St George of the Garden wrote on Sep 14th, 2014 at 10:12am:
they didn't drop of te END POINT you boofhead. the pause in warming is STILL continuing. you didn't really go to university, did you? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:06pm Dnarever wrote on Sep 14th, 2014 at 10:28am:
okay 2.5 years. happy now? YOUR idiotic point was that there was no increase in unemployment under labor from mar 2012 onwards which is provably wrong, but you stuck to it. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:07pm gone wrote on Sep 14th, 2014 at 12:30pm:
backpackers??? you are an idiot. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by eagle eyes on Sep 14th, 2014 at 1:20pm longweekend58 wrote on Sep 14th, 2014 at 1:07pm:
You are! ;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 1:22pm gone wrote on Sep 14th, 2014 at 1:20pm:
if you listened to a bit more than the voices in your head you migh see how silly the above it. if you had ever read history, you would also see how silly you sound. instead... you just sound silliier and sillier |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 14th, 2014 at 1:34pm longweekend58 wrote on Sep 14th, 2014 at 1:05pm:
mmmmm...lets just assume that you did a simple arts degree in uni...aboriginal woman's studies maybe? Coz the warming trend has not paused..check out what is happening to the planets largest heat sink...the oceans. Anyway... Abbott, Barnaby and Hockey are living proof that getting a degree is no guarantee of intelligence. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by eagle eyes on Sep 14th, 2014 at 1:41pm longweekend58 wrote on Sep 14th, 2014 at 1:22pm:
You didn't read much history. Let's have a look at the last two major Revolutions. The last one around 250 years ago, called French revolution, but it was much more than that. It was far reaching. It was the birth of modern democracy. The one before was called "reformation" around 500 years ago. Just a different name. In both cases the people were standing up to the greedy, fat Vatican and royal/upper class that was ripping off/taxing and controlling Europeans all over the continent. It takes around 250 years for Pluto to circle the sun. Everytime Pluto moves into Capricorn/aquarius, we have a major revolution. That is accurate for the last two revolutions and some astrologists claim that every pluto cycle beforehand triggered a similar scenario. Now, in 2008 Pluto moved into Capricorn, that's when the financial crash started. Pluto will stay in Capricorn until 2022 when it moves into aquarius. We will see the next big one-in-a-quarter millenium-people's revolution within the next decades, but it may start within a few years. 8-) Every revolution in the past was about inequality. And we're exactly in the same situation as we were before the French revolution and before the reformation. The Vatican and Royal/upper class absolutely ripping off and controlling the common people. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Sep 14th, 2014 at 2:25pm longweekend58 wrote on Sep 14th, 2014 at 1:01pm:
it wasn't me saying unemployment was going down .... who was that now? wait a minute, it was you .... ;D ;D ;D ;D ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 14th, 2014 at 2:36pm gone wrote on Sep 14th, 2014 at 12:30pm:
I guess that means they are all going to get real jobs and start paying the lion's share of tax. :-? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by eagle eyes on Sep 14th, 2014 at 3:56pm
Revolution in Australia means the common, landless people are taking the land back from the filthy, greedy, mega rich land owners. It means people are getting more self sufficient again. It means people will flee the cities and move to the land, because there is no more food in the cities/suburbs...Whole suburbs will become ghost towns...It means medicare/age pension/centrelink will be bankrupt/closed down and people just have to look after themselves and their families. It means government is going to be reduced massively. It means more localization instead of centralization.
And it means civil war and plenty of fighting between the common people and the legionnaires (government police and army)... |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Dnarever on Sep 14th, 2014 at 4:35pm longweekend58 wrote on Sep 14th, 2014 at 1:06pm:
I never said that - it is obvious that there was - I said that your 3 year claim was wrong and pointed out that unemployment has only increased under the Liberals. I said that under Labor unemployment numbers were relatively stable. They dropped to a low of 4.1% and increased during the GFC 2008 to around 5.8% the stimulus quickly seen the numbers drop back to around 5.1% by 2010 and they stayed similar through to 2012 5.1% (that is 4.1% record low in 2008 and at 5.1% in 2012) the second half of 2013 seen it go to around 5.8% and the Liberals have only gone backwards with a range between 5.8% and 6.4%. - now at 6.1 due to 100,000 part time jobs. Over the previous 2 terms 6 years we got through a GFC with about a 1% impact on unemployment and so far the Liberals have managed almost the same in 12 months. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 14th, 2014 at 5:19pm gone wrote on Sep 14th, 2014 at 3:56pm:
....and then you'd be a filthy, greedy, mega rich land owner as well ;D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by adelcrow on Sep 14th, 2014 at 5:22pm
Well...if Abbott is going to spend taxpayers dollars overseas rather than on local goods and services we're gonna lose even more jobs.
Fancy that...take the money we all worked hard to earn and then hand it to overseas businesses rather than putting it back into our economy. Yep...thats Abbotts grand plan. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 5:22pm gone wrote on Sep 14th, 2014 at 3:56pm:
describing you as a M O R O N is too polite. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 5:26pm Dnarever wrote on Sep 14th, 2014 at 4:35pm:
you are incapable of read a graph. most of the above is transparent nonsense. unemployment began its steady rise 18months BEFORE abbott a fact only a fool could deny. the rate of increase has remained steady - not increased. it looks like it may have now peaked. but if I wanted to get even more pedantic, it is well known among economiss that employment is a slow LAGGING indicator where policy changes take a bout a year to affect unemployment. so I can rightly claim that the ENTIRE last 2.5 years of unemployment growth has been the result of labor policies. now when you want to learn how to read a graph then try again but for the moment you sound like Greens_lose |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 14th, 2014 at 7:06pm gone wrote on Sep 14th, 2014 at 1:41pm:
It failed. Mind you it managed to murder lots of folk but like all socialist experiments it failed and France just ended up with a tyrannical totalitarian megalomaniac leader that others had to deal with. You seem to have typically overlooked the American revolution. Slightly more successful than that of the head choppers and one brought on by taxation without representation. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 14th, 2014 at 7:14pm Swagman wrote on Sep 14th, 2014 at 7:06pm:
he does tend to get pretty much everything wrong. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Swagman on Sep 14th, 2014 at 8:07pm longweekend58 wrote on Sep 14th, 2014 at 7:14pm:
Brainwashed..... :( |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by eagle eyes on Sep 14th, 2014 at 10:03pm Swagman wrote on Sep 14th, 2014 at 7:06pm:
It didn't fail. Revolutions solve the problem for a while, like a haircut. Like pruning a tree. Society need them periodically to cut the greedy upper class back. The conservative dead wood. Throw away the rubbish. The world is getting ready for the next major pruning. 8-) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 15th, 2014 at 1:36am |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 15th, 2014 at 8:41am St George of the Garden wrote on Sep 15th, 2014 at 1:36am: I wouldn't trust kouk to tell me yesterdays weather. his bald-faced lying on economic matters are well-known. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 15th, 2014 at 8:50am
Shooting the messenger is not a proper answer, Longy! The Kouk unlike the Lieberal Party gave a source.
|
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Sep 15th, 2014 at 8:55am St George of the Garden wrote on Sep 15th, 2014 at 8:50am:
and like all good statisticians with political bias, he used them wrongly. a) unemployment is 6.1% not 6.4% b) jobs are created as well as lost and the Libs claim is correct c) if labor created nearly a million jobs then how come unemployment was so high when they left? (clue: refer b above) kouk's opinion is always biased by such a wide margin. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 15th, 2014 at 8:59am
If you care to look you will see those tweets got posted before the latest and suspect figures.
Easier to shoot the messenger, eh Longy? |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Sep 15th, 2014 at 9:02am
Not only that I have stated the severe fiscal consolidation that was part of the ill–conceived push for a surplus by Labor caused unemployment to rise, hence the end of the quest for a surplus. With a highly indebted household sector that is how it goes.
Given that and the wholesale destruction of confidence by the Libs and their stupid, harsh and unfair Budget their cuts to spending are going to cause even bigger rises in unemployment! Then the multiplier effect kicks in—7% unemployment by the end of the year is my guess. Yes, jobs are lost and gained all the time but net gains/losses are what is important and is what is measured by the ABS surveys. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Oct 8th, 2014 at 1:33pm
it seems Abbott is not so great after all ... the ABS got their stats wrong ;D ;D ;D ;D
Pity all the rightards who blew their load to early :D :D :D http://www.smh.com.au/business/the-economy/abs-backtracks-on-jobs-data-after-august-surge-20141008-10rtip.html |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Oct 8th, 2014 at 1:42pm longweekend58 wrote on Sep 15th, 2014 at 8:55am:
It rose to 6.4% in July. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by SupositoryofWisdom on Oct 8th, 2014 at 2:07pm John Smith wrote on Oct 8th, 2014 at 1:33pm:
:) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Oct 8th, 2014 at 2:22pm John Smith wrote on Oct 8th, 2014 at 1:33pm:
"The August figure had been so far above expectations that analysts had doubted its credibility." :) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Oct 8th, 2014 at 2:51pm greggerypeccary wrote on Oct 8th, 2014 at 2:22pm:
didn't stop a few of the retards jumping on the bandwagon proclaiming Abbotts god like powers :D :D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Oct 8th, 2014 at 2:55pm John Smith wrote on Oct 8th, 2014 at 2:51pm:
'Jobs surge "unbelievable", say economists' https://au.news.yahoo.com/thewest/business/a/24963842/number-of-aussies-with-jobs-skyrockets/ :) |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Oct 8th, 2014 at 3:01pm |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Oct 8th, 2014 at 3:11pm longweekend58 wrote on Sep 15th, 2014 at 8:41am:
He's not lying, but both are being selective with the facts that they highlight. The Liberals are cherrypicking one month's figures that even the ABS themselves admit are dodgy, and Koukoulas is reporting one set of numbers for the ALP and another for the Liberals. One thing is clear though - Australia has a problem with unemployment. The unemployment rate is trending upwards. Even if the Australian economy somehow managed to create 1,000,000 jobs in five years and 2,000,000 in ten years, unemployment isn't likely to fall much if at all. We need to create about 2,500,000 full time jobs in a decade to bring unemployment down, and that's not likely to happen. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Team Knight Errant Grappler on Oct 8th, 2014 at 8:52pm
No government policy 'creates' jobs - they develop from need in the economic sphere over which, it is painfully obvious, our governments have little to no control, understanding or effect.
If they did - they would generate policies the employ most people instead of offering them a stop-gap that gives them no future. It amazes me how critical some people are of 'controlled' economies and their dire results - yet wish to claim some magical measure of control by government over our economy, when they have quite simply lost the plot. Governments are there to regulate - not impose. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by longweekend58 on Oct 10th, 2014 at 6:28pm
So now that the ABS has taken out its adjustment we find the unemployment rates for the past 3 months at 6.0, 6.0 and 6.1.
not exactly runaway unemployment is it? it is one thing tho... it is the STOPPING of the trend of increasing unemployment that has been in existence for almost 3 years, two of them under labor. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by St George of the Puissant HLT on Oct 10th, 2014 at 7:45pm
So how will the shambles do that? They as STILL talking the economy down, their Budget was monstrously unfair and so caused purses and wallets to slam shut all over the country.
Let us see, hmmm, OK, they could run out at a rapid rate a FTTH communications system. Oops, hahaha, not a good example is it? Hmmm, OK, got it—they could get serious about global warming and fund CSIRO. . .ah, no good either is it? Shambles doesn’t believe in science. I know I know! The idiots could all resign from Parliament! That would be the best service they could do for the bloody country, bloody bunch of clowns! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by Bam on Oct 10th, 2014 at 8:03pm longweekend58 wrote on Oct 10th, 2014 at 6:28pm:
More longy rubbish ... Australia is on track to have the second highest unemployment in the Asia-Pacific region, with only the Philippines being worse. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by crocodile on Oct 10th, 2014 at 8:53pm Bam wrote on Oct 10th, 2014 at 8:03pm:
Pretty normal. Asia-Pacific have lower unemployment with low pay rates and little minimum wages. |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by DaS Energy on Oct 10th, 2014 at 9:09pm St George of the Garden wrote on Oct 10th, 2014 at 7:45pm:
Correction. Greg Hunt. The LNP fully recognise the dangers of global warming and the climate change resulting in need of urgent adaption. The LNP have more halved the Carbon emissions it was going to at taking office. The sole 103 to receive voter money for less Carbon due on 1st July 2014 and adjusted each quarter behind schedule. Direct Action be aware of the High Court and section 53 of the Constitution, Greg Hunt especially so! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by DaS Energy on Oct 10th, 2014 at 9:10pm St George of the Garden wrote on Oct 10th, 2014 at 7:45pm:
Correction. Greg Hunt. The LNP fully recognise the dangers of global warming and the climate change resulting in need of urgent adaption. The LNP have more halved the Carbon emissions it was going to at taking office. The sole 103 to receive voter money for less Carbon due on 1st July 2014 and adjusted each quarter behind schedule. Direct Action be aware of the High Court and section 53 of the Constitution, Greg Hunt especially so! |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by John Smith on Oct 10th, 2014 at 9:16pm longweekend58 wrote on Oct 10th, 2014 at 6:28pm:
The ABS has admitted it doesn't know the unemployment rate, and yet you claim to know it :D :D :D :D |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by buzzanddidj on Oct 11th, 2014 at 5:40pm buzzanddidj wrote on Sep 12th, 2014 at 9:43am:
Unemployment rate hits 6.1% in September October 9, 2014 Australia's jobless rate rose 0.1 percentage point to 6.1 per cent in September, according to the Australian Bureau of Statistics, which has come under fire this week for the veracity of its data. The ABS said there were 30,000 fewer people registered as employed in the month, well below expectations of a 15,550-strong increase The credibility of monthly employment data – an important measure of the economy's health – has been thrown into doubt by the ABS, which said on Wednesday it was reviewing its July, August and September figures http://www.smh.com.au/business/the-economy/unemployment-rate-hits-61-in-september-20141009-113gyn.html#ixzz3ForFDn3i |
Title: Re: Largest jobs growth for 23 years - Onya Abbott Post by greggerypeccary on Oct 11th, 2014 at 5:49pm longweekend58 wrote on Oct 10th, 2014 at 6:28pm:
"STOPPING"? Ah, yes: just like "STOPPING the boats". Very good. |
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