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ABS cuts could undermine jobs data accuracy

Budget cuts mean there’s a question mark over how accurate the new set of jobs data really is, Glenn Dyer writes.

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Relax, the unemployment figures are not so bad

Oh no, Australia’s unemployment is at a 12-year high! But if you look more deeply into the figures, you’ll find things aren’t so dire after all …

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Strong economic data, but will the RBA take away the punch bowl?

Fresh data shows that monthly volatility aside, the labour market is performing much more strongly than in 2013 — good news for Joe Hockey despite his gloomy forecasts, write Glenn Dyer and Bernard Keane.

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‘Consumer sentiment’: they say one thing and do another

Consumer sentiment might be down, but that won’t necessarily translate into economic gloom — especially given today’s jobs numbers, write Bernard Keane and Glenn Dyer.

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The ‘meh’ economy: more flat news from the statisticians

The Australian economy marked time at the end of the financial year and into the new one. The transition from the mining boom is by no means assured.

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Unemployment data: welcome to the jobs crunch

The July jobs figures suggest the government was right to lift its unemployment forecasts — it’s a soft labour market, even though unemployment is steady at 5.7% nationally. Glenn Dyer and Bernard Keane report.

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Richard Farmer’s chunky bits

Labor could actually benefit from today’s rise in unemployment. Plus other political snippets noted along the way.

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Bernanke’s caution and patience saving the US economy

US Federal Reserve chairman Ben Bernanke is not making the same mistakes policy-makers made during the 1930s Great Depression, writes Business Spectator commentator Stephen Koukoulas.

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Beautiful one day … Queensland drags down national jobs figures

Today’s ABS jobs data shows unemployment has risen a little, but Glenn Dyer and Bernard Keane argue the data is modestly good news. Queensland is holding us back however.

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Strong jobs growth suggests economy is quite OK

Today’s strong employment growth figures suggest the economy is travelling better than many believe. The rate is down, but Glenn Dyer and Bernard Keane report 50,000 new jobs were created.

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Jobs numbers up seven-fold on expectations

There is not likely to be an RBA rate cut in the near future, as jobs growth was much stronger than expected in February. But is the Australian economy out of the woods for 2013?

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Jobs data: pollies get one over the economists

November jobs data suggests things aren’t as gloomy as many claim, suggesting fiscal policy isn’t the problem currently. Bernard Keane and Glenn Dyer report.

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Stevens vindicated: resilient labour market backs RBA call

October jobs data shows the economy still outperforming the predictions of doomsayers. Glenn Dyer and Bernard Keane investigate.

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RBA now controls the economics of next year’s federal election

The economic environment in which next year’s federal election will be fought will be affected in large part by how the RBA responds to a worsening international situation.

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As employers (and govts) flee papers, how do we measure job ads?

Employers get more response and cheaper buys from using online job ad sites, and now government is making the switch too. Time to change how we measure them.

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What the media isn’t telling you about labour changes

Don’t believe the “doom and gloom” reporting: the labour market is far more flexible than the media, employers, or unions will ever admit.

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Flat unemployment complicates economic picture

Today’s jobs data show the economy has moderated from the strong growth of earlier this year - though not by as much as feared.

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Steady as she goes: jobs figures vindicate RBA strategy

The continuing strength of the Australian jobs market has gone and upset all those carefully thought out forecasts for a rise in the unemployment rate, producing another month of solid jobs growth.

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Unusually smooth jobless numbers mirror May

A small rise in unemployment partially offsets the big growth seen in May. Glenn Dyer and Bernard Keane report.

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Unemployment: more good news from Wayne’s World

Today’s strong jobs numbers confirm that the economy is travelling well, reinforcing the surprisingly strong first quarter economic growth figures from yesterday. Glenn Dyer and Bernard Keane report.

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Gloom, doom, reform: understanding jobs growth is important

Understanding why employment is stronger than many claim is important for anyone interested in economic reform.

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The massive indigenous employment gap stagnates

How much more evidence that indigenous employment policies are not working will the Gillard government need before it changes its disastrous policy, write Professor Jon Altman and Dr Nicholas Biddle from the Australian National University.

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Jobs growth still strong, despite the rising tide of bad news

The Australian economy continues to create jobs at a rate faster than most market forecasts. Employers gave jobs to another 26,900 people in May, more than most market estimates.

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Henry: The financial crisis is over

The surprising news that Australia’s unemployment rate dropped 5.5% last month has prompted treasury Secretary Ken Henry to declare the Global Financial Crisis over. But neither the Business Council nor Barnaby Joyce are ready to break out the bubbly just yet.

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Unemployment falls as stimulus is withdrawn

Unemployment has plummeted — a small reminder that, for all its problems this week, the Government has got the big picture right.

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