Comments on: There are two million Australians out of work. That’s the truth. http://www.crikey.com.au/2008/05/12/there-are-two-million-australians-out-of-work-thats-the-truth/ now with extra source Sun, 22 Nov 2009 10:00:38 +1100 http://wordpress.org/?v=2.8.6 hourly 1 By: Kevin Charles Herbert http://www.crikey.com.au/2008/05/12/there-are-two-million-australians-out-of-work-thats-the-truth/#comment-2014 Kevin Charles Herbert Thu, 01 Jan 1970 10:00:00 +0000 #comment-2014 I wonder what the legendary I F Stone would make of the bullshit, seriously flawed OECD approved method for collecting unemployment figures in its member countries? The hidden rate of unemployed has been suppressed for the past 18 years by so-called independent Australian economists & media commentators, due mainly to their love affair with all things OECD. What a bloody cop out, you gutlerss wonders!!! The hidden rate of unemployment is the biggest single story in Australian public life, of the past 20 years. Hang your heads in shame, Australian political & economics analysts.....acolytes the lot of you...you don't deserve a job on the Narnargoon Times. I wonder what the legendary I F Stone would make of the bullshit, seriously flawed OECD approved method for collecting unemployment figures in its member countries? The hidden rate of unemployed has been suppressed for the past 18 years by so-called independent Australian economists & media commentators, due mainly to their love affair with all things OECD. What a bloody cop out, you gutlerss wonders!!! The hidden rate of unemployment is the biggest single story in Australian public life, of the past 20 years. Hang your heads in shame, Australian political & economics analysts…..acolytes the lot of you…you don’t deserve a job on the Narnargoon Times.

]]> By: Tom Conley http://www.crikey.com.au/2008/05/12/there-are-two-million-australians-out-of-work-thats-the-truth/#comment-2015 Tom Conley Thu, 01 Jan 1970 10:00:00 +0000 #comment-2015 One way of getting a more interesting figure on total full employment would be to consider part time work as a proportion of full time employment. So those people who work 1 hour a week would be considered as 1/40th (or 1/37th or whatever) employed compared to full time workers. Now not everyone obviously wants to work full time but it would be an alternative construction to the underestimated official figures. The reason academics like the OECD stats is that they are standardised and comparable ... One way of getting a more interesting figure on total full employment would be to consider part time work as a proportion of full time employment. So those people who work 1 hour a week would be considered as 1/40th (or 1/37th or whatever) employed compared to full time workers. Now not everyone obviously wants to work full time but it would be an alternative construction to the underestimated official figures.

The reason academics like the OECD stats is that they are standardised and comparable …

]]> By: pamela http://www.crikey.com.au/2008/05/12/there-are-two-million-australians-out-of-work-thats-the-truth/#comment-2016 pamela Thu, 01 Jan 1970 10:00:00 +0000 #comment-2016 What age group are these 2 million unemployed? Do they fall between 18 years and 65 years? Lets get the whole truth. Great stuff unpicking the statistics. What age group are these 2 million unemployed? Do they fall between 18 years and 65 years?
Lets get the whole truth. Great stuff unpicking the statistics.

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