Australian Job Losses

[numbercruncher]

Yes anyone can find a job just might not be what you had i mind during this nasty lil recession though ....

All those employers struggling to fill positions in the past will have those "hungrier" types tapping on the door this year

 

[GumbyLearner]

I totally agree prawn.
Im sure there are many young people like yourself who will be graduating this year or soon with not much to look for in the job market.

And the problem with politics today is that the days of nation-building are a by-gone era. Most of these clowns in politics care about the short-term and what they can get for themselves while in office and who will offer them a whopping salary in the private sector once they get out.

Most of them couldnt care less about the country just their OWN hip-pockets. But like Beej said dont give up mate there are jobs out there. Just dont expect any favors from either side of politics in Canberra. Most are too busy counting their whopping tax-payer funded super plan when they get voted out after two terms at the age of 38.

Not to mention the decriminalizing of drug laws in Canberra, so senior public servants and the pollies little Johnnys dont embarrass the dynasty with a conviction!

 

[numbercruncher]

Apparently the in recievership ADR who owns Sams warehouse, Crazy clarks employ circa 2700 ..... all these industries unable to get applicants over past years (Military etc) could find themselves swamped v soon hey ?

 

[numbercruncher]

Anyone add BHPs latest layoffs ? looks likely to threaten the existence of 2 entire towns !

THE Big Australian has turned out to be a big disappointment to the miners and locals around Ravensthorpe and Hopetoun.

"It's terrible," said Murray Podmore, a scaffolder with a wife, two children and a mortgage who worked at the $2.2 billion Ravensthorpe Nickel Operation for six months before being one of almost 1800 laid off yesterday.

http://www.theaustralian.news.com.au/business/story/0,28124,24945790-36418,00.html


Bet many of these miners on big bickies simply blew the lot bidding up local house prices now to watch them become virtually valueless ? ....

Crack-up boom alright

 

[Monario]

Maybe this is off cue, anyone have an opinion?

The fedral government uses 500mill of tax payers money annualy to subsidize there fuel consumption, anyone ware of this? it is a fact.

I say, if they cant afford to keep our citizens employed, the subsidy should be taken away to fund their unemployment cheques, not the pockets ff greedy miner/ceo's etc.....

 

[numbercruncher]

The great under employment sham is being exposed more and more .....

THE number of people in the jobless queue is much higher than official figures because more than 800,000 part-time workers are desperate to work more hours.

"Unfortunately, under-employment is an issue that has not been understood by the Government or by those trying to predict the economic outlook for Australia," Roy Morgan Research chief executive Michele Levine said.

"The Government needs to understand real unemployment and the even more insidious problem of under-employment. There's a crucial issue of part-time employment (people who are working part-time but want to work full-time, or at least more hours than they are currently working)."

Industries hit worst by under-employment include the retail sector, in which about 170,000 people, or 14 per cent, are part-time workers looking to work more hours, and the hospitality and recreational sectors, which have about 177,000, or 20 per cent, under-employed.

"A further 254,000 people, or 9.5 per cent of those employed in community services, are also under-employed," she said.

The jobless rate has risen to a two-year high of 4.5 per cent, with more than 500,000 people in the unemployed queue.

http://www.theaustralian.news.com.au/business/story/0,28124,24954039-36418,00.html


Will we get another 300k immigrants this year to top up the under/unemployment ques ?

 

[knocker]

The great under employment sham is being exposed more and more .....




http://www.theaustralian.news.com.au/business/story/0,28124,24954039-36418,00.html


Will we get another 300k immigrants this year to top up the under/unemployment ques ?

Of course. And don't forget all those poor asylum seekers. They all deserve to get the dole more than any australian does. Let em in, I say. They are welcome to the cultural abyss that this country has become. And who do we blame when violence and crime gets out of hand?

 

[Trevor_S]

And who do we blame when violence and crime gets out of hand?

errr.. criminals ?

 

[numbercruncher]

I see the Goverment is preparing for a massive upspike in dole bludging.

THE Federal Government will hold crisis talks tomorrow with charities, welfare groups and employment agencies to discuss boosting the welfare system in preparation for the expected surge in unemployment caused by the global financial crisis.

Amid warnings the system is ill equipped to help the tens of thousands more people expected to lose their jobs, the Deputy Prime Minister, Julia Gillard, will meet groups including the Australian Council of Social Service, Catholic Social Services and the St Vincent de Paul Society.

They will consider raising the unemployment payment by $30 a week and increasing the resources of welfare agencies, and discuss short-term relief such as supplementing the income of people who lose their jobs or are moved to part-time work.

http://www.smh.com.au/news/national/saving-the-jobless-rudds-challenge/2009/01/25/1232818247988.html

 

[Aussiejeff]

Another *hidden* factor behind the rapidly swelling numbers of Newstart applicants would be the also rapidly increasing number of older workers who had planned on retiring in 2008/09 - but who are now staying put "until the crisis is over". Which could be years.

When the economy is *booming* along, there is a high retirement or attrition rate, since retirees pensions and super funds are growing fast & overflowing with enough wealth to make the decision relatively *easy*. Wanna retire at 55? Piece of cake, mate!

However, now that the economy is heading for deep do-do's, that once-high retirement or attrition rate would have shrunk to a trickle. Only those relative few that are "forced" to (or who have accumulated enough super to live on the returns, even after the nett value has been trashed) would actually be "retiring" in the present climate. In fact, three of my best mates who were going to retire in 2008-09 have now put that off indefinitely because all their super funds have been trashed & one of them can't sell his home without losing 100's of 1,000's based on current offers (Ferny Grove, Brisbane - upper middle class - too high price range for 1st home buyers). So all 3 who are in the possible retirement bracket and in upper level executive positions cannot retire. How many of you older ASF'ers have friends you know in that boat now?

The result of this sudden, sharp reduction in old worker attrition (which helps create "top down" job opportunities - all the way to the junior levels) is that a far higher % of new job applicants from the "Now" generation will not even get a chance to work and will be forced to register with Newstart, straight out of high schools, techs or uni's. This is currently for an indefinite period (total guess 2009-2011?), since no-one with any real authority seems able to say with absolute confidence when the economic situation will turn around, so I suspect there will be little cheer for your "average" school, tech or uni leaver who managed only "average" or lower marks.

So, here comes a new generation of dole bludgers? Well, not really their fault - not for a good many of them. We shouldn't label them ALL as bludgers. As this econo-disaster plays out, the % of Newstarters that are REAL dole bludgers will fall significantly.



aj

 

[nick2fish]

Yes anyone can find a job just might not be what you had i mind during this nasty lil recession though ....

All those employers struggling to fill positions in the past will have those "hungrier" types tapping on the door this year

Thats exactly the truth.

For me its from 7on and 7off to 3weeks on and 1off (ouch)

Its an employers market atm ... what a change 6 months can bring

 

[MR.]

one of them can't sell his home without losing 100's of 1,000's based on current offers (Ferny Grove, Brisbane - upper middle class - too high price range for 1st home buyers).

IMO Property must be made attractive for buyers to buy. Business is Business. They need to think its a steal. Who would buy now at full price? Take the price of two years ago and these prices being offered now were normal. Your friend must decide if he wants to sell or not. So the top was missed. If he sold everyone will think he sold too cheap including themselves but maybe its only for just the time being.

A day does not go by without thinking I sold way too cheap. (Explains in part my burning $100)
These decisions are very hard to make.
The decision not to rent it out and sell it later I still stand by.
I see most have taken them off the market and have chosen to rent them out to sell later. (Refusing to accept the prices, perhaps like shares)
We will see what happens!

If one person in your street sold for a very good price suddenly everyone "thinks" their house is now worth that. Perhaps, one person just paid too much! but I would look at it like that.

 

[Smurf1976]

Yes.. as well as "The Warehouse Group", and "Chickenfeed" (whoever they are)

Chickenfeed is a somewhat iconic discount retail chain in Tasmania with 28 stores spread across the state. That compares with 29 Woolworths and 14 Coles stores so Chickenfeed's presence is locally quite significant.

Chickenfeed has very little direct competition, various attempts at opening rival discount stores (including by Woolworths) having failed to be successful.

According to local media and the company website, whilst ADR is in trouble, Chickenfeed is a separate standalone business and remains profitable.

http://www.chickenfeed.com.au/Chickenfeed_Media_Release_20Jan2009.pdf

 

[Smurf1976]

Maybe this is off cue, anyone have an opinion?

The fedral government uses 500mill of tax payers money annualy to subsidize there fuel consumption, anyone ware of this? it is a fact.

I have heard that claim many times but thus far nobody has been able to offer any proof when questioned.

My own enquiries lead me to conclude that there is no subsidy as such. There is however no penalty whereas there is for everyone else. A technicality maybe, but that's a penalty for most but not a subsidy for miners etc as such. It's not as though the taxpayer is actually paying for part of their fuel costs.

 

[gfresh]

http://business.theage.com.au/business/strathfield-calls-in-administrators-20090128-7rcx.html

"After due consideration of the company's recent performance ... and the continued negative and worsening retail outlook for at least the first half of the 2009 calendar year, and in particular the significant deterioration of the company's working capital position and funding requirements going forward that have emerged following poor Christmas trading figures, the board has resolved to take decisive steps to restructure the Strathfield Group,'' the company said.

The Strathfield board has appointed Brian Silvia and Andrew Cummins of BRI Ferrier as voluntary administrators.

There goes another household name.. Lot of stores around the country, no doubt the restructure will result in many of these stores being closed down in the long-run.

 

[maffu]

I am living quite 'poor' at the moment after 3 months overseas and myself and my partner are struggling to get work.
Ill be back at uni to further my qualifications this year and will get the $115 a week from the government, so for me that is plenty to live off.

After travelling to some of the poorer places of the world in the last 3 months, I feel incredibly grateful to be getting my $115 a week. Which is 100x more then alot of people i just saw earn.
No matter how bad it gets over the next few years, at least people in Australia won't go hungry or sick without medical care.

 

[prawn_86]

I am living quite 'poor' at the moment after 3 months overseas and myself and my partner are struggling to get work.
Ill be back at uni to further my qualifications this year and will get the $115 a week from the government, so for me that is plenty to live off.

After travelling to some of the poorer places of the world in the last 3 months, I feel incredibly grateful to be getting my $115 a week. Which is 100x more then alot of people i just saw earn.
No matter how bad it gets over the next few years, at least people in Australia won't go hungry or sick without medical care.

While i totally agree with your sentiment re: overseas conditions how can you live off $115 pw? Either your not paying rent or your house is already paid off (even still you have rates and fee's etc)...

 

[Julia]

While i totally agree with your sentiment re: overseas conditions how can you live off $115 pw? Either your not paying rent or your house is already paid off (even still you have rates and fee's etc)...

I'd like to know this too. $115 p.w.! My rates alone are much more than that.
Then what about electricity, insurances, water, vehicle expenses, food etc?
Maybe living with parents and paying no board?

 

[maffu]

Yes, sorry I should have specified. While I go back studying I am at home so its $115 without rent.

For those studying that are out of home the government pay rent assistance and double the youth allowance and it works out about the same living off $100-115 a week after rent if rent is $130-$150. Lots of students do manage to do it, though its not a very glamourous life, and one many will have to face this year with many of the casual retail and hospitality jobs that students normally work being laid off.

 

[MrBurns]

Check this out - the mind boggles.....no wonder world leaders are panicking.

51m jobs could disappear in 2009: UN


Up to 51 million jobs worldwide could disappear by the end of this year as a result of the economic slowdown that has turned into a global employment crisis, a United Nations agency said.

http://www.abc.net.au/news/stories/2009/01/29/2476811.htm