Understating unemployment? The monthly labour figures of the Australian Bureau of Statistics during the last year have put the participation rate in employment at over 65% with the number unemployed around the 5% mark. Yet a survey result by the Bureau published this morning suggests that the participation rate significantly understates the number of Australians who could be enticed into the workforce if jobs were available.
In its survey Labour Force Experience the ABS presents information about the labour force experience of persons aged 15 years and over not during a single month but during the 12 months ending February 2011. It found that there were 12.9 million persons aged 15 years and over who participated in the labour force at some time during the year ending February 2011 (78% of males and 66% of females). That is, 72% of Australians aged 15 years and over either worked or looked for work at some time during this period (the same as in 2009).
Of the persons who were in the labour force at some time during the 12 months ending February 2011, 70% spent the whole year in the labour force and 17% spent from 39 to under 52 weeks in the labour force. The persons with the highest proportion of participation in the labour force at some time during the year ending February 2011 were those aged 20-34 years (89%), closely followed by 35-44 year olds (88%) and 45-54 year olds (87%).
Of the 8.9 million persons aged 15 years and over who were outside the labour force at some time during the year ending February 2011. Of these:
58% were females;
57% remained outside the labour force for the whole of this 12 month period; and
24% were not in the labour force from 1 to under 13 weeks.
Melbourne now replaces Vancouver as the most liveable city in the survey. Vancouver’s overall score could see further downward revisions in future surveys following riots in June this year. Although the riots came too late in the year to have an impact on the score of the current survey, further unrest may affect scores for the city in the future.
And what makes Melbourne so special? Here’s how the EIU scored it:
There’ll be a tax on s-x next. Well, there already is actually. The German city of Bonn has introduced parking meters for prostitutes in an attempt to raise a few extra dollars.
Prostitutes working the streets of the old West German capital now have to buy tickets from converted roadside vending machines that once dispensed tickets to the city’s drivers. A night’s ticket will set a prostitute back £5.30, irrespective of the number of clients they have.
Monika Frombgen, a spokeswoman for Bonn city council, said the ticket machines would bring street prostitutes into fiscal line with their peers in registered s-x establishments.
Learning from the British. In the United Kingdom the response of the Conservative-LibDem government to the phone hacking disclosures includes an inquiry to be conducted by Lord Justice Leveson into “the culture, practices, and ethics of the press in the context of the latter’s relationship with the public, police, and politicians.”
To me that seems like a reasonable thing to do given the growing evidence of the incapacity of the politicians to solve the problems created by their needing to court media popularity in their attempts to get elected.
If the good Lord does the thorough job that can be expected of him then it will not only be the British who will benefit but Australia as well.