balkanghost

QUEENSLAND has replaced the usual suspect of NSW as the nation’s sickest state and threatens to drag Australia into a prolonged recession. Queensland has by far the worst budget position of all the states, and its citizens face the sharpest fall in living standards as unemployment is forecast to almost double in the next two years, from 4.25per cent to 7.25 per cent.

Unemployment rates are difficult to believe in Oz, very understated due to underemployment and definition changed some years ago i.e. two hours work last week? Means you are employed.....

ABCDiamond

Same as the UK. So it is easy to compare the two countries, and most other worldwide countries.

The International Labour Organisation (ILO) standard says it should be 1 hour. Both the Australian and the British statistics use this same 1 hour ILO criteria.

The Bloke

What do you expect with Mike Kaiser, the Qld Cheif of Staff (senior political advisor) being the same twit that was the Chief of Staff to Morris Immema. Apparently he's (Kaiser) copped the blame for the NSW debacle.

lovetv

Ohhh noooooooooo.

Hammered once again. in short, my dream of settle on the shore of lovely green water of qld is being finishing day by day.

Can anyone pls. confirm, is there really BAD economical recession in QLD? and the unemployment will be keep raising?

Catch

This is used to the politicians favour as they can fiddle the figures on unemployment.As i used the words before "Banana Republic".Call me sceptical but they seem to be trying to convince the sheeple things are ok.So rush out and buy a house and a new 4x4,unemployment will never rise mmmm.

ABCDiamond

You are presumably talking about the UK and Australia, and Europe then, as they all use the same calculation.

Haven't you heard; Unemployment is rising... It is in all the newspapers...

Here is a graph that shows the rise:

Catch

cannot see much really in the west australian about unemployment as most of it is full of real estate junk and rob druitts housing crystall ball

Catch

yes dodgy unemployment figures are an export of the uk's.I think Thachter first started this trend with the YTS schemes in the early eighties,an easy way to knock a few hundred thousand of the figures.This was followed by the employment training schemes " Extra tenner" than the dole.All this does not make the problem go away,but it hides it for political spin,as Krudd is well good at doing

ABCDiamond

Maybe they don't have enough staff left.....

Catch

to be honest,i do feel for any staff that get the sack,but the editor of the "west rag" deserves to be shot for The good of journalism.