Employment rate in Australia - Page 2

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Employment rate in Australia - Page 2


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Old 05-27-2010, 08:18 PM
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It is down to around 5.3% at the moment. However, after recent corrections I would expect it to stop falling for 2 - 3 months. Until all the turmoil around Euro has calmed down it should start falling back towards 4.5% that we had in 2008.


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Old 06-15-2010, 09:04 AM
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Its good to hear that employment rate is on progress.I am waiting for the day when employment rate reached at 100%


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Old 07-09-2010, 09:00 PM
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The rate has dropped again - this time to 5.1%. And I remember how ecomonists were predicting unemployment reaching 8.5%.


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Old 07-26-2010, 12:21 PM
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No, the umemployment rate will maintain it's slide.
And we can all bank on a HOLD on interest rates.
Thats' my tip...

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Old 08-03-2010, 02:33 AM
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Agreed ... until AFTER the election at end August.


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Old 08-08-2010, 12:38 AM
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The government wants to make citizens think that interest rates will remain on hold for quite a while. Meanwhile, everything indicates that they will not!!! Unemployment is going down, economy is going up - these are two good reasons to lift them up again. The only thing that is now quite likely to happen is that interest rates will be growing slower than so far. This is why the banks have dropped their fixed term interest rates.


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Old 08-08-2010, 01:40 AM
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Nothing too much has changed so greatly in the global economic engine rooms of the US still with unresolved troubles and China has looked to internal growth to sustain growth and that can only occur for so long.
I'd not wager everything getting better so soon and you only need to look at what is going down [ countries economies ] in Europe to see what the future may hold.
Then there are the issues like resources, the increasing shortage for the future and cost of getting to them - deep underwater Gulf drilling as an example and what that'll mean for international trade.
The next ten/twenty years will I suspect see some dramatic changes necessary for lifestyle choices.
Here in Australia, an unemployment rate is possibly not counting thousands of underemployed and people from forty years of age on living off savings and self funded retirement.
Retail are reporting it very tough at the moment and that will continue for some time.





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