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how they calculate the jobless rate?

krafty

Alfrescian (Inf)
Asset
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.
 

Hans168

Alfrescian
Loyal
From his office window MOM ministar see what is the last number of the car passing by... he then divide by 2 and minus 1
If digit happens to be 0, he adds 6 & divide by 3 and add 0.1................. this is per MOM std operating instructions
 

laksaboy

Alfrescian (Inf)
Asset
Once you are unemployed for more than six months, you are no longer part of the unemployment statistics.
 

J92bNp

Alfrescian
Loyal
Once you are unemployed for more than six months, you are no longer part of the unemployment statistics.

Unemployed for more than 6 months ~ no count

Unemployed for less than 3 months ~ no count

Unemployed between 3.01 to 5.99 months but got work at least 1 hour part-time ~ no count

Unemployed between 3.01 to 5.99 months but never tell MOM ~ no count
 

da dick

Alfrescian
Loyal
Unemployed for more than 6 months ~ no count

Unemployed for less than 3 months ~ no count

Unemployed between 3.01 to 5.99 months but got work at least 1 hour part-time ~ no count

Unemployed between 3.01 to 5.99 months but never tell MOM ~ no count

sauce pls. anbd pls email to royroy's pink blog
 

chootchiew

Alfrescian (Inf)
Asset
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.

The figure is provided by the stinky mouth of pinky. Pinky say X% it shall be X%. How pinky determines it noone will ever know. It could be counting his cheebye pimples to cheebye hair. anything is possible.
 
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