Talk:Australia unemployment at 30-year low, but under-employed also at 5.1%

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Under-employment rate calculation[edit]

The under-employment rate was determined using figures from the ABS from March. The unemployment rate in March is given as 5.1% - the same as the figure mentioned in the newspaper reports.

The 5.1% matches

Unemployed persons * 100% / (Unemployed persons + Employed persons)

that is

531,600 * 100% / (531,600 + 9,900,600) = 5.1%

Therefore, the corresponding calculation for underemployed persons is Under-employed persons * 100 / (Unemployed persons + Employed persons)

600,000 * 100% / (531,600 + 9,900,600) = 5.075%

Both results once rounded off to a single decimal place are 5.1%.

Simeon 07:20, 10 Apr 2005 (UTC)

Long-term unemployed percentage calculation[edit]

The percentage of long term unemployed was calculated from figures in Department of Employment and Workplace Relations. "Labour Market and Related Payments: a monthly profile: February 2005" — Australian Government, February 2005.

The appropriate figures are

Long-term NSA Customers: February: Persons: Received a payment = 288,965 All NSA Customers: February: Persons: Received a payment = 482,974

Long-term * 100% / All = 288,965 * 100% / 482,974 = 59.83% or 'roughly 60%' as used in the text.

Simeon 07:57, 10 Apr 2005 (UTC)

Long term vs short term ratio[edit]

Using figures mentioned on page 2 or page 6 of the Labour Market and Related Payments report,

Long-term jobseekers decreased by 11.2% from 272,224 (in Feb 2004) to 241,737 (in Feb 2005). Short-term jobseekers decreased by 4.8% from 189,985 (in Feb 2004) to 180,830 (in Feb 2005).

Ratio of long-termers for every short-termer

Long-term / Short-term

so

Feb 2004: 272,224 / 189,985 = 1.43 Feb 2005: 241,737 / 180,830 = 1.34

Ten years ago[edit]

February 1994 figures at the top of page 3 of the Labour Market and Related Payments report,

Long-term: 472,785 Total: 977,796 Short term, by subtraction: 505,011 So ratio, this time, short-term over long-term: 505,011 / 472,785 = 1.07

WRONG WRONG WRONG[edit]

This unemployment rate is a scam. The bureau of statistics is paid to make up bogus tests and questionaires. The actual uncovered unenployment rate in Ausrtalia is 10.1% That means out of a group of 10 people 1 will be unenployed and be living underneath the poverty line. If You Would like to e-mail me on this information its 13891R@student.bbc.qld.edu.au Yes and even though i am a student it does not change the fact that my source is correct and that the figure 5.1% is a lie.

Signed --203.57.147.20 23:16, 23 May 2006 (UTC)Nathan McCauley.Reply[reply]

This notice is a friendly reminder that talk pages are to be used for discussion of the development of the article, and are not areas to express your own personal opinion on matters. Thank you. --MrMiscellanious (talk) – 23:20, 23 May 2006 (UTC)Reply[reply]