Australia in recession?
#2
Banned
Joined: Aug 2009
Posts: 2,733
Re: Australia in recession?
Also, we are trying to ignore the fact that the Aussie dollar is making exports increasingly expensive. We will also continue to make statements about the unemployment rate being low, despite the fact that there has been a steady increase from full time jobs to casual parttime work.
#3
Banned
Joined: Feb 2009
Posts: 1,855
Re: Australia in recession?
#4
Banned
Joined: Feb 2009
Posts: 1,855
Re: Australia in recession?
Something a bit off topic, l was wondering does OZ give NZ free money or aid money to prop up its economy or is NZ totally economically independant, it seems they don't have many natural resources apart from agriculture and not much industry or manufacturing.
#5
Re: Australia in recession?
Thermal
Hydro power
Milford Sound?
Queenstown?
Rotorua?
Human resource (mainly based in Oz, UK, USA etc)
No nuclear though
#6
Banned
Joined: Apr 2009
Posts: 1,054
Re: Australia in recession?
NZ sell gold, cheese and manufactured goods to Aus. Aus sells cars, medicines and processed materials to NZ.
#7
Guest
Posts: n/a
Re: Australia in recession?
Extending that article to other periods, it means that we also had recessions in:
Mar-1984
Mar-1991
Jun-1992
Jun-1997
Sep-1997
Mar-1999
Dec-2006
Dec-2008
Looking at the unemployment aspect, where they quote:
So it is currently at 5.7% but may peak at 6.75%. Plot that figure on this graph, to see how it compares to previous figures, and NOT just the recent abnormal low figure of 3.9%. Most of the last 30 years has been above this possible peak of 6.75%.
Mar-1984
Mar-1991
Jun-1992
Jun-1997
Sep-1997
Mar-1999
Dec-2006
Dec-2008
Looking at the unemployment aspect, where they quote:
From a low of 3.9 per cent early last year, the unemployment rate has risen to 5.7 per cent at present and is now forecast to reach a peak of 6.75 in June next year.
That doesn't qualify as a recession? Who are you, Ebenezer Scrooge?
That doesn't qualify as a recession? Who are you, Ebenezer Scrooge?
#8
Re: Australia in recession?
Also, we are trying to ignore the fact that the Aussie dollar is making exports increasingly expensive. We will also continue to make statements about the unemployment rate being low, despite the fact that there has been a steady increase from full time jobs to casual parttime work.
#9
Re: Australia in recession?
#11
Guest
Posts: n/a
Re: Australia in recession?
Percentage of civilian population over 15 in employment, Full or Part time.
Sep-1990 to Sep-2009
The average over that 20 year period has been 59.78%, so, as at September 2009, slightly MORE (3.51%) than the average have been in Employment of one kind or another.
Sep-1990 to Sep-2009
The average over that 20 year period has been 59.78%, so, as at September 2009, slightly MORE (3.51%) than the average have been in Employment of one kind or another.
Percentage of civilian population over 15 employed full time
Sep-1990 to Sep-2009
The average over that 20 year period has been 43.98%, so as at September 2009, slightly FEWER (0.64%) than the average have been employed full time
Sep-1990 to Sep-2009
The average over that 20 year period has been 43.98%, so as at September 2009, slightly FEWER (0.64%) than the average have been employed full time
Percentage of civilian population over 15 employed part time
Sep-1990 to Sep-2009
The average over that 20 year period has been 15.8%, so, as at September 2009, considerably MORE (15.05%) than the average have been working Part time.
Sep-1990 to Sep-2009
The average over that 20 year period has been 15.8%, so, as at September 2009, considerably MORE (15.05%) than the average have been working Part time.
#13
BE Enthusiast
Joined: Apr 2007
Posts: 691
Re: Australia in recession?
Shhh will you! we are trying to beat the global economic slowdown by making uber positive statements about the economy, while praying China keeps buying resources we dig out of the ground.
Also, we are trying to ignore the fact that the Aussie dollar is making exports increasingly expensive. We will also continue to make statements about the unemployment rate being low, despite the fact that there has been a steady increase from full time jobs to casual parttime work.
Also, we are trying to ignore the fact that the Aussie dollar is making exports increasingly expensive. We will also continue to make statements about the unemployment rate being low, despite the fact that there has been a steady increase from full time jobs to casual parttime work.
#14
Re: Australia in recession?
Extending that article to other periods, it means that we also had recessions in:
Mar-1984
Mar-1991
Jun-1992
Jun-1997
Sep-1997
Mar-1999
Dec-2006
Dec-2008
Looking at the unemployment aspect, where they quote:
So it is currently at 5.7% but may peak at 6.75%. Plot that figure on this graph, to see how it compares to previous figures, and NOT just the recent abnormal low figure of 3.9%. Most of the last 30 years has been above this possible peak of 6.75%.
http://www.britzinoz.com/images/empl...loyed78-09.jpg
Mar-1984
Mar-1991
Jun-1992
Jun-1997
Sep-1997
Mar-1999
Dec-2006
Dec-2008
Looking at the unemployment aspect, where they quote:
So it is currently at 5.7% but may peak at 6.75%. Plot that figure on this graph, to see how it compares to previous figures, and NOT just the recent abnormal low figure of 3.9%. Most of the last 30 years has been above this possible peak of 6.75%.
http://www.britzinoz.com/images/empl...loyed78-09.jpg