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The government introduced the Australian National Training Authority Act 1992 and the Disability Discrimination Act 1992, which it hoped would assist the disabled to remain productive and off welfare. By the close of 1992, unemployment was still rising, but growth had improved. [18] Keating called an election for March 1993.
A variety of pegs to sterling applied until December 1931, when the government set a rate of £1 Australian = 16 shillings sterling (£1·5s Australian = £1 sterling; A£1.25 = £1 sterling). While wool-growing remained at the centre of economic activity, a variety of new goods, such as wheat, dairy and other agriculturally-based produce ...
As we saw, under such policies an unemployment rate of 10 per cent was needed to bring wage claims down to their present state, one in which virtually no increases at all are taking place. [ 16 ] The official Australian unemployment rate did fall under the early Accord, reaching a minimum of 6% in 1990, but rapidly increased between 1990 and ...
The participation rate for 15- to 24-year-olds increased by 0.4 points to 70.7% while the unemployment rate for this group decreased by 0.1 points to 9.1%. [105] According to the ABS, in January 2024, the underemployment rate remained steady at 6.0%, while the underutilisation rate (the unemployed plus the under-employed) [ 106 ] decreased by 0 ...
September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [ 31 ] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work, even though 24,500 jobs were created.
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. [176] In April 2012, the unemployment rate was 4.6% in Japan. [177] In a 2012 story, the Financial Post reported, "Nearly 75 million youth are unemployed around the world, an increase of more than 4 million since 2007. In the European ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. This indicator refers to the number of persons who have been unemployed for one year or more as a percentage of the labour force (the sum of employed and unemployed persons).