In my latest video, I expand on my post from last Monday True Queensland unemployment rate around 12% and discuss just how bad the Australian labour market is at the moment. Thanks to those readers who commented on the post and raised some great points which I’ve endeavoured to respond to in this video.
Good job Gene. It’s certainly a complex and messy issue at the moment. I think there is also a big problem with the way many are reporting the JobSeeker data, particularly when comparing to pre-March 2020 Newstart numbers, which I tried to clear up in a recent Twitter thread. https://twitter.com/ConusBusiness/status/1276327970425016328
Thanks Pete!