Written By:
Marty G - Date published:
10:30 am, November 10th, 2010 - 10 comments
Categories: unemployment -
Tags: broken promises
While the official unemployment rate (determined by survey and then seasonally-adjusted) continues to jump around like mad, the dole numbers are telling a consistent story. And it’s not a good one. Every month this year has been worse than normal, either the monthly increase has been greater than normal or the monthly decrease has been less than normal.
In October, the number of Kiwis on the dole fell by 0.1%, that’s compared to a 1.1% fall last October and an average 3.1% drop each October under Labour. This October there were 4,800 more people on the dole than last October. Didn’t you say we were coming out of the recession strongly, Mr Key?
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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“Every month this year has been worse than normal, either the monthly increase has been greater than normal or the monthly decrease has been less than normal.”
Welcome to the new normal.
Here is an article from the BBC on recent plans to make longterm unemployed work for the benefit. Reading the first thirty odd comments i was struck with how familiar the dialogue was, and how in the coming months, it will be even more so
also seems Nats aren’t the only ones making up numbers
http://www.infowars.com/phantom-jobs
(the 2nd link would not load it kept dropping the address)
Marty, could you have a look at this story and dig into what they’re talking about?
http://www.stuff.co.nz/business/industries/4330267/Employment-forecast-to-grow
They are referring to this:
LIoE
For some reason can’t get link to work:
http://www.dol.govt.nz/publications/lmr/lioe/
Was missing the http: at the front and had extra single quotes at each end. Fixed it.
was pasting it in correctly as normally do but it seemed to drop stuff off after saving and add other stuff in like speech quotation marks. Re-pasted three times with no luck. It is late however and I should be in bed.
“Official data released today by the Australian Bureau of Statistics show the unemployment rate for October climbed from 5.1 per cent in September to today’s 5.4 per cent.”
http://www.stuff.co.nz/business/world/4334652/Shock-jump-in-Australias-jobless-rate
Grey Power research in progress has found a relationship between unemployment and immigration numbers going back to 1991. This has cost the NZ economy billions to house and provide services as well as the benefits paid to our own people. We need to fix the cause not moan about the symptoms.