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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 07-08-2014, 01:30 PM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up how they calculate the jobless rate?

An honorable member of the Coffee Shop Has Just Posted the Following:

how do sinkie gahment do their stats, i will be shocked by the number of unemployed!!!:eek:

The Australian Bureau of Statistics is making changes to the way it reports unemployed numbers in its monthly Labor Force survey that could have an impact on the unemployment rate in the months ahead. Starting July ABS will change some of the steps in the survey to better reflect the nature of job search practices in Australia and to better align it with international standards. The survey will include two new active job search steps: whether the respondent has had an interview with a prospective employer and whether the respondent has taken steps to purchase or start a business. The additions could lead to an increase in unemployment and in the labor force. Currently, such respondents are considered as “not in the labor force.” In addition, two steps that currently mean the respondent is actively looking for work will no longer be sufficient for the classification. A change from the active to the passive job search category would decrease the number of people classified as unemployed, and push them out of the labor force, putting downward pressure on unemployment. The ABS says the change would “slightly increase” or “slightly decrease” the number of people classified as unemployed depending on responses.


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