Category Archives: Centrelink

Real Unemployment accounts for over 18 percent of the workforce

By Joe Montero

According to the latest statistics from Roy Morgan, unemployment stood at `10 percent in July. The Morgan rate differs from the 5.4 stated by the Australian Bureau of Statistics (ABS) for June, because it considers all those who would work, if they had the opportunity, and does not consider one hour of work during the survey week as being employed. The Roy Morgan is therefore much more accurate. Continue reading Real Unemployment accounts for over 18 percent of the workforce