Unemployment rate Australia

Australia's opposition Labor Party leader, Anthony Albanese, said Monday he was only human after forgetting the country's unemployment rate on the first ...

Albanese also skirted questions on the key interest that banks charge each other for overnight loans. I will accept responsibility. I won't blame someone else.

Prime Minister Scott Morrison is campaigning on his economic record, Opposition Leader Anthony Albanese says Australia needs a better future and military ...

Sharpening his attack lines, the PM told the Today show that Labor “can’t manage money, is unproven, untested and unknown and would risk it all”. But when I make a mistake, I’ll fess up to it, and I’ll set about correcting that mistake,” Albanese said, as he toured downtown Devonport. - We saw the first major stumble of the campaign when Anthony Albanesewas unable to cite official unemployment and cash rate figures at a press conference.

Labor leader Anthony Albanese has started his campaign with a major stumble, walking off camera as he struggled to answer questions on the national ...

I’m not stabbing someone in the back to become prime minister,” Albanese said on Today. “I’m happy to know that the last time I filled up that petrol was $2.20. I know how much the price of bread is. But when I make a mistake, I’ll fess up to it, and I’ll set about correcting that mistake,” Albanese said. I know how much a litre of milk is. The RBA cash rate is at a historic low of 0.1 per cent – and has not changed since November 2020. “Earlier today I made a mistake.

Anthony Albanese stumbles on the very first day of the election campaign, unable to recall key economic figures while trying to spruik Labor's credentials ...

"I'm not going to pretend to you that I go out each day and I buy a loaf of bread and I buy a litre of milk," Mr Morrison replied at the time. there will be multiple interest rate increases regardless of who is in government. "What I was not going to enter into, is an auction in terms of the Tasmanian unemployment rate and the various rates that are put forward," he said.

The Labor Opposition Leader has repeatedly claimed Australia's rate of casual worker has been increasing when it has been falling for the past two decades.

Australia's level of casualisation peaked at 27.6 per cent in August 2003 and dropped to 24.1 per cent in February 2020 just before the national Covid lockdowns. I'm not sure what it is,' he told reporters in Launceston in the marginal Liberal-held seat of Bass. 'The national unemployment rate at the moment is... 'Despite the pandemic, the unemployment rate is now at its equal lowest level in 48 years at just four per cent,' he told Sunrise. The ABS figures, however, classify casual workers as a share of employees on the payroll while Mr Albanese and Labor are concerned about the rise in contractor labour, used by the likes of Uber and Deliveroo (pictured is a Deliveroo rider at Chatswood on Sydney's North Shore) The jobless rate fell to four per cent in February and August 2008 when Kevin Rudd was Labor prime minister during the mining boom. In July 2020, following the national Covid lockdowns, the jobless rate of 7.4 per cent was the highest since November 1998. The jobless rate in February fell to four per cent, the lowest since August 2008. It fell to 22.5 per cent in August and dropped to 20.8 per cent in February Australia's level of casualisation peaked at 27.6 per cent in August 2003 and dropped to 24.1 per cent in February 2020 just before the national Covid lockdowns. It fell to 22.5 per cent in August 2021 and slipped further to 20.8 per cent in February this year. Prime Minister Scott Morrison seized on Mr Albanese's blunder as he campaigned on Tuesday in the marginal Labor-held of Parramatta in western Sydney.

Yesterday, Labor leader Anthony Albanese failed to name the jobless rate on day one of the 2022 federal election campaign, spawning a thousand think-pieces ...

"The ABS counts everyone who works for at least one hour in the reference week as employed. How often does the unemployment rate change and when is the next release? The unemployment rate measures what it says it measures – the ABS is extremely transparent about its methodologies. Does that mean the unemployment rate is inaccurate in the 'real world'? In basic terms, the unemployment rate is a single number that indicates the number of Australians who are ready and willing to work but do not have a job. But what actually is the unemployment rate and why does it matter?