A Dismal Tale of Failure
Over the last 12 months, Australia has recorded a loss of 86,500 full time jobs and the creation of 196,000 part-time jobs. Employment growth for September was negative, yet the overall rate fell by 0.1% due to a 0.4% decline in the participation rate, i.e. unemployed people giving up looking for work, either permanently or temporarily.
Read more at: The Australian Independent Media Network