Executive Chairman of Roy Morgan Research Gary Morgan comments on today’s April real unemployment figures

Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 9-May-17

Australia’s real unemployment rate of 9.3% (1.217 million Australians) in April is far higher than the 5.9% claimed by the ABS as Treasurer Scott Morrison prepares to deliver the first Federal Budget of the re-elected Turnbull Government tonight. In addition, a further 1.090 million Australians are under-employed (8.3% of the workforce), and regularly ignored by both the major political parties and the mainstream media. For the first time last week Prime Minister Malcolm Turnbull met new US President Donald Trump who was clear during his campaign that the real American unemployment rate was 20% or 25% rather than the official Bureau of Labor Statistics figure below 5%. Turnbull and his Ministers in Australia need to understand the issues are the same in Australia and the Turnbull Government must follow Trump’s lead by implementing policies to bring back jobs to Australia.

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ROY MORGAN RESEARCH LIMITED

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