Unemployment Rubbery Figures By James Reed
The government tells us that the “official’ unemployment rate in Australia is 5.7 percent, which is “vote for me, good.” But, as pointed out in an article by the razor-sharp Adam Creighton (The Australian, May 22, 2017, p. 12), the official figure is nonsense, with the unemployment rate being at almost three times that, at 15 percent.
Rather than 732,000 Australians not being able to find work, more than 2.26 million are unemployed. The way the government fakes the figures is to use a definition of "employment” that has any one working more than an hour a week as employed! To be unemployed, the test is much harder: one needs to have applied for a job in the past four weeks and be ready to start work.
In this way, the figures are cooked to make things look good on paper for the government. But, the harsh reality still exists for people who don’t have work and struggle on the dole.
As I see it, the dishonesty shown by the government on this issue, gives the game away. We need a social credit alternative, because the age of work is grinding to a halt.