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Timmy said:
OECD raises doubts on job market health (shorter of the two articles)
http://www.smh.com.au/small-busines...ubts-on-job-market-health-20100713-108cx.html
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Thanks Timmy, for that article.

1 in 5 people of prime working age has no job. I think it is safe to say the official number labelled "unemployment rate" is so far skewed as to be useless for anything. shadowstats puts their count of the unemployment in the US just above 1 in 5 while the government there reports at half of that.

Discouraged workers all over the world are taken off the "unemployed" register, just to goose the numbers, so pollies can say they reduced unemployment in an election year :banghead:

There are several studies which have been done, one by the ABS that shows generally in any form of recession when the prime age male workforce (not sure why this does not also apply to women, but it doesn't seem to) becomes discouraged workers it is difficult or even impossible in some cases to return those people to the workforce, even long after the recession is over.
 
The poor rate of employment for young Australians comes as the overall jobless rate jumped to 5.3 per cent in July from 5.1 per cent in the previous month. The rate was propelled higher by a surge in the participation rate as more people sought work, surprising economists who had tipped the jobless rate to remain steady at 5.1 per cent for a third month.

Analysts interpreted the swelling numbers of those seeking jobs as a force likely to reduce pressure for higher wages, in turn relieving the urgency for the Reserve Bank to raise interest rates further to keep inflation in check.

http://www.smh.com.au/business/youth-jobless-rate-climbs-to-nineyear-high-20100812-1213b.html

Strange as it seems I cannot find a 15 to 19 year old to work in my pearl shop. I have interviewed several and asked them to come in for a trial and they do not even bother to show up? I am thinking of employing a 45 year old. A lot more on wages but at least I know she will turn up.

Now before everyone flames me for being "age" discretionary and that I am trying to save $7.23 an hour on wages .... I already have two 40 year old women working for me and I am trying to replace the junior who left recently to go to Europe on a holiday. :mad:
 

Young women can almost ALWAYS find work. Thats why.

Plus... you've got the complication of is she unemployed or does she have pups.
 
Mrmagoo said:
Young women can almost ALWAYS find work. Thats why..
Click to expand...

There is a serious issue in WA in getting young teachers, male or female, to leave the city to work in many remote areas where some small financial benefits are on offer. There is also no guarantee of a later transfer to the metropotitan area. Of course working in a very Remote Community School has many other issues attached. But even some larger country towns are hard to staff. Some younger graduates end up choosing to stay in the city and work in retail.
 
14.5k new jobs created last month apparently. Expectations were for 5k

Obviously people are still hiring out there...
 
Another 11k jobs created last month, compared to expectations of 200... Economists off the mark yet again

Where are all the jobs coming from? Most of clients are saying business is OK, not good, not bad

Are us Aussies just a whinging lot looking for any excuse as to why things aren't doing well, yet they actually are?
 

Could it be possible that things are turning around? Construction is up here in china, that means more materials...
 
CanOz said:
Could it be possible that things are turning around? Construction is up here in china, that means more materials...
Click to expand...

Mining only accounts for about 2% of the workforce if i remember correctly. Health and retail are the 2 biggest sector employers and retail certianly isnt faring well
 
Nearly 14k jobs created in Nov. 4900 Full time jobs lost with the balance being made up of casual and part-time jobs to get to the 14k figure

Only need to be working an hour a week to be classified as employed.
 
Roy Morgan Polling has unemployment around 10%.

NOVEMBER UNEMPLOYMENT (10.0%, UP 0.3%) RISES TO 1.229 MILLION (UP 66,000).
HIGHEST SINCE JANUARY 2012. RECORD NUMBER OF AUSTRALIANS
EITHER UNEMPLOYED OR UNDER-EMPLOYED (2.222 MILLION, UP 84,000)
Click to expand...

The latest Roy Morgan unemployment estimate of 10.0% is now almost double the 5.4% currently quoted by the ABS for October 2012.
Click to expand...

http://www.roymorgan.com/news/polls/2012/4848/
 
Your job may soon be obsolete:- https://au.finance.yahoo.com/news/job-may-soon-obsolete-123727478.html

And these jobs are only the tip of the iceberg. I watched a program last week that mentioned that auctions (large and small - baby clothing to cranes) are booming presently - unfortunately some have resulted in jobs losses.

​

Maybe in a few years there won't be a need for too many drivers in a lot of industries e.g. trams & trains. The first two mines in the world to start moving all of their iron ore using fully remote-controlled trucks have just gone online in Western Australia's Pilbara. Mining giant Rio Tinto is running pits at its Yandicoogina and Nammuldi mine sites, with workers controlling the driverless trucks largely from an operations centre in Perth, 1,200 kilometres away. More can be read at this link:- http://www.abc.net.au/news/2015-10-18/rio-tinto-opens-worlds-first-automated-mine/6863814

Obviously the unions won't like it - http://www.mining.com/two-aussie-mines-start-moving-all-their-iron-ore-with-driverless-trucks/
 

I can see this happening in a lot of areas. Uber, for example, with driverless cars. Won't be that far off. We'll see it in our lifetime.

But humans will always have things they want and need. Since that's true, there will always be markets, just that they will change. There will be plenty of job opportunities.

Most 3rd world countries don't even have clean drinking water. And they are mired in old fashioned religious beliefs and corruption/exploitation. This will all undergo change at some time, I guess. That change will require work of a certain type.
 
piggybank said:
Your job may soon be obsolete
Click to expand...
In the last month, technology has directly affected our work scope by reducing the man hours required. The catch 22 is all companies need to reduce costs of running the business to maintain or increase profit so the workers will always be affected. For the 'surplus' positions in a company to find employment elsewhere, there has to be new businesses created. Competition by many for a few jobs is back again.
 
satanoperca said:
This has been going on since the dawn of time.

Technology has constantly been making jobs obsolete, don't see how this time is any different, it is just progress.

Cheers
Click to expand...

I think the problem is huge, the more jobs that are displaced, the less income tax paid.

This becomes problematic, as a lot of taxes recieved by the Government are income based.

The more that become displaced, have to be supported by welfare, being paid for by a diminishing workforce.

Therefore the Governments have to work out, where they get tax from, when nobody works.

That's why refugees, are flooding to welfare state countries, they know it will get a lot worse.

You may as well be on the most bouyant raft.
 
satanoperca said:
This has been going on since the dawn of time.

Technology has constantly been making jobs obsolete, don't see how this time is any different, it is just progress.

Cheers
Click to expand...

Civil wars/revolution, then war of conquest.. .those too have made certain jobs obsolete and others more relevant.

Ends with less population, a lot of stuff needing to be rebuilt (for the victor) and general stability and peace.

Also been happening since the beginning of time and probably due to too many idle hands with mouth the feed but no work to pay for it.
 
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