Real mess masked by dodgy statistics
AUSTRALIA’S OFFICIAL jobless rate is now 3.38%, the lowest in nearly 50 years. But all is not well. More than 1.3 million Australians still can’t get enough work to live on, and 474,000 of these can’t find any jobs at all. Job vacancies in May (latest data) were at an all-time high of 480,100 and real wages are still declining.
But help may be on the way in the form of next month’s Jobs and Skills Summit in Canberra.Jobs summit offers chance to reverse disastrous Coalition decisions