Australia unemployment numbers for 2015?

Discussion in 'Markets & Economies' started by leo25, Feb 27, 2014.

  1. leo25

    leo25 Well-Known Member Silver Stacker

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    I'm interested to see what peoples views are regarding unemployment figures for 2015?

    They way things are going I'm guessing 2015 will push true unemployment into the 15% range and increasing more in 2016. I think constriction is going to be the BIG job cut area for next year, those numbers are going to make the automotive sector look small.

    I'm looking forwards to the restructuring of the near future, i think this will be good for most in the long run. Or maybe not, who knows :|
     
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I expect it to continue rising but not to as high as 15% in 2015. I also expect underemployment to rise, participation rates to fall and the number of working hours to decrease.
     
  3. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    7-8% national average
     
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    They're already flagging that on several "news" sites
     
  5. leo25

    leo25 Well-Known Member Silver Stacker

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    Independent studies are saying its 8% now, government says 6% so split it and call it 7% now. (and that's not including all the jobs cuts that's just been announced over the past month)
    So you think in almost 2 years unemployment will stay flat or only increase by about 1%. Wish i had your optimistic outlook.
     
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Not based on "independent studies".
     
  7. Byron

    Byron Guest

    Well, what unemployment figure are you referring to?

    The official govt figure is a load of BS.

    The real figure is twice that as per Roy Morgan research.

    My prediction is BS govt figure 8%

    Real figure 15%

    Underemployment at 20% maybe even higher.
     
  8. willrocks

    willrocks Well-Known Member Silver Stacker

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    I'm expecting 9-11% (official figures)
     
  9. BiGs

    BiGs Active Member

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    Unemployment will continue to rise as long as it is in direct opposition with technology and automation.
     
  10. leo25

    leo25 Well-Known Member Silver Stacker

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    I should have been more clear, i was after real unemployment and not government figures. But having said that its good to hear both sides. So i think 9% government figures and 15%+ real figures by the end of 2015.

    2016 i think 11% government figures and 20% real figures..
     
  11. col0016

    col0016 Active Member

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    I'm fairly sure you get paid more from centrelink if you go to uni or tafe, so I doubt government figures will change much.
     
  12. leo25

    leo25 Well-Known Member Silver Stacker

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    Yep, I think a lot of people in the coming years will be going back to study just so they can get an income from centrelink. You can put uni fees on HECS and as long as you earn something like less the $50,000 per year you never have to pay it back.

    I'm guessing they might cut this back though, but on the other hand the government will love to not include them as being unemployed.
     
  13. errol43

    errol43 New Member Silver Stacker

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    Unemployment in Australia will be a big problem from 2014.

    People over 65 told to work on to 67 and maybe to 70years of age. Now that means less jobs for 18/25 years trying to enter the workforce.

    Maybe they will insist that the school leaving age be raised to 25 years? That might solve the unemployment numbers.

    Regards Errol 43
     
  14. scone

    scone Active Member Silver Stacker

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    25% youth unemployment in my local area, hope that falls considerably
     
  15. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    This is happening over the next decade via a gradual increase rather than all/most in the next 16 months.
     
  16. petey

    petey Active Member Silver Stacker

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    http://www.adelaidenow.com.au/news/...cation-standards/story-fni6uo1m-1226768270969

    Keep them studying for longer. What unemployment problem?
     
  17. leo25

    leo25 Well-Known Member Silver Stacker

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    Don't give a politician ideas :p
     
  18. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    :rolleyes:
    So what do monkeys like me do
    Who left school at 16 & haven't studied anything except for what I learn on the spot ?
     
  19. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    You pay higher taxes so career academics can be issued government grants to conduct studies on the long term health effects of pesticides on your filipino imported bananas
     
  20. petey

    petey Active Member Silver Stacker

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    You keep working until 75. The house of cards falls over if you stop.
     

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