Australian Politics Forum - Unemployment down... AGAIN

longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Unemployment down... AGAIN Apr 14^th, 2016 at 1:42pm So despite all the negatives of the lefties, unemployment has DROPPED once again to 5.7%. Time to thank Abbott and Turnbull for a lowering unemployment rate and rising GDP all in an environment of a poor global outlook. WELL DONE!!!!
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greggerypeccary Gold Member Online Australian Politics Posts: 133009 Gender:	Re: Unemployment down... AGAIN Reply #1 - Apr 14^th, 2016 at 1:44pm longweekend58 wrote on Apr 14^th, 2016 at 1:42pm: Time to thank Abbott and Turnbull Are they retiring? Migrating?
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John Smith Gold Member Online Australian Politics Posts: 73139 Gender:	Re: Unemployment down... AGAIN Reply #2 - Apr 14^th, 2016 at 1:47pm longweekend58 wrote on Apr 14^th, 2016 at 1:42pm: Time to thank Abbott and Turnbull for a lowering unemployment rate and rising GDP all in an environment of a poor global outlook. what exactly did they do?
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Dsmithy70

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Re: Unemployment down... AGAIN
Reply #3 - Apr 14^th, 2016 at 1:51pm

longweekend58 wrote on Apr 14^th, 2016 at 1:42pm:

So despite all the negatives of the lefties, unemployment has DROPPED once again to 5.7%.

Time to thank Abbott and Turnbull for a lowering unemployment rate and rising GDP all in an environment of a poor global outlook.

WELL DONE!!!!

So still .7% higher than when they took office.

I'll tell you what, I'll thank Mal & Tones when you thank Swan for keeping it in check during an ACTUAL global finanical crisis

Quote:

Australia Unemployment Rate 1978-2016 | Data | Chart | Calendar
Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.7 percent in March of 2016 from 5.8 percent in February and below market consensus of 5.9 percent. It is the lowest jobless rate since September 2013, as the economy added 26,100 jobs and the number of unemployed decreased by 7,300. Unemployment Rate in Australia averaged 6.95 percent from 1978 until 2016, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4 percent in February of 2008. Unemployment Rate in Australia is reported by the Australian Bureau of Statistics.

Quote:

Anthony John "Tony" Abbott is an Australian politician who was the 28th Prime Minister of Australia, from 18 September 2013

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australia-unemployment-rate__1_.png (13 KB | 33 )

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greggerypeccary Gold Member Online Australian Politics Posts: 133009 Gender:	Re: Unemployment down... AGAIN Reply #4 - Apr 14^th, 2016 at 2:01pm John Smith wrote on Apr 14^th, 2016 at 1:47pm: longweekend58 wrote on Apr 14^th, 2016 at 1:42pm: Time to thank Abbott and Turnbull for a lowering unemployment rate and rising GDP all in an environment of a poor global outlook. what exactly did they do? They created the worst Government in the history of our nation.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Unemployment down... AGAIN Reply #5 - Apr 14^th, 2016 at 2:02pm 51/49 is the only number to look at
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Grappler Truth Teller Feller Gold Member Offline Australian Politics Posts: 81469 Proud pre-1850's NO Voter Gender:	Re: Unemployment down... AGAIN Reply #6 - Apr 14^th, 2016 at 2:04pm Must be a lot of people giving up and retiring early... every old Grunt I know has done that....
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Unemployment down... AGAIN Reply #7 - Apr 14^th, 2016 at 2:07pm The figures are more likely that everybody has just given up looking for work and are living off family members until a real government gets in , with an actual plan.
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longweekend58

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Re: Unemployment down... AGAIN
Reply #8 - Apr 14^th, 2016 at 2:20pm

Dsmithy70 wrote on Apr 14^th, 2016 at 1:51pm:

longweekend58 wrote on Apr 14^th, 2016 at 1:42pm:

So despite all the negatives of the lefties, unemployment has DROPPED once again to 5.7%.

Time to thank Abbott and Turnbull for a lowering unemployment rate and rising GDP all in an environment of a poor global outlook.

WELL DONE!!!!

So still .7% higher than when they took office.

I'll tell you what, I'll thank Mal & Tones when you thank Swan for keeping it in check during an ACTUAL global finanical crisis

Quote:

Australia Unemployment Rate 1978-2016 | Data | Chart | Calendar
Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.7 percent in March of 2016 from 5.8 percent in February and below market consensus of 5.9 percent. It is the lowest jobless rate since September 2013, as the economy added 26,100 jobs and the number of unemployed decreased by 7,300. Unemployment Rate in Australia averaged 6.95 percent from 1978 until 2016, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4 percent in February of 2008. Unemployment Rate in Australia is reported by the Australian Bureau of Statistics.

Quote:

Anthony John "Tony" Abbott is an Australian politician who was the 28th Prime Minister of Australia, from 18 September 2013

The unemployment rate when Abbott took office was 5.8% AND RISING

during the GFC we still had the mining boom. Now that boom has turned into a bust and still the Libs can keep reducing unemployment.

give praise where it is due

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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: Unemployment down... AGAIN Reply #9 - Apr 14^th, 2016 at 2:21pm you are all struggling with this, arent you? how dare unemployment DROP under the libs - jst because it usually does. Why does GDP continue to rise under the libs - as it usually does? THIS is the kind of data that gains votes.
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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Unemployment down... AGAIN Reply #10 - Apr 14^th, 2016 at 2:23pm longweekend58 wrote on Apr 14^th, 2016 at 2:21pm: you are all struggling with this, arent you? how dare unemployment DROP under the libs - jst because it usually does. Why does GDP continue to rise under the libs - as it usually does? THIS is the kind of data that gains votes. 51/49 baby
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John Smith Gold Member Online Australian Politics Posts: 73139 Gender:	Re: Unemployment down... AGAIN Reply #11 - Apr 14^th, 2016 at 2:28pm longweekend58 wrote on Apr 14^th, 2016 at 2:21pm: you are all struggling with this, arent you? how dare unemployment DROP under the libs - jst because it usually does. Why does GDP continue to rise under the libs - as it usually does? THIS is the kind of data that gains votes. what exactly did they do?
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Dsmithy70

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Re: Unemployment down... AGAIN
Reply #12 - Apr 14^th, 2016 at 2:29pm

longweekend58 wrote on Apr 14^th, 2016 at 2:21pm:

Why does GDP continue to rise under the libs - as it usually does?

And yet it fell see below graph

Quote:

The Gross Domestic Product (GDP) in Australia was worth 1454.68 billion US dollars in 2014. The GDP value of Australia represents 2.35 percent of the world economy. GDP in Australia averaged 369.19 USD Billion from 1960 until 2014, reaching an all time high of 1560.39 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960. GDP in Australia is reported by the World Bank Group.

longweekend58 wrote on Apr 14^th, 2016 at 2:20pm:

give praise where it is due

Tones & Joe, Mal & Scott have done an excellent job of letting the economy tick along all by itself.
Thanks for keeping your hands off.

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australia-gdp_001.png (18 KB | 34 )

REBELLION is not what most people think it is.
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Unemployment down... AGAIN Reply #13 - Apr 14^th, 2016 at 2:34pm when I read about whats happening in Qld and now S.A. I do wonder about these figures...... Quote: what exactly did they do? ummmmmmmmmmmmmmm they stopped the BOATS.. not a good move we know!
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John Smith Gold Member Online Australian Politics Posts: 73139 Gender:	Re: Unemployment down... AGAIN Reply #14 - Apr 14^th, 2016 at 2:37pm cods wrote on Apr 14^th, 2016 at 2:34pm: when I read about whats happening in Qld and now S.A. I do wonder about these figures...... Quote: what exactly did they do? ummmmmmmmmmmmmmm they stopped the BOATS.. not a good move we know! how does that help people find jobs?
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