TROUBLE In PARADISE??????
The “real” Gillard shows her ability to read global trends!
A RISING number of job seekers and a fall in full-time positions has pushed the unemployment rate to 5.4 per cent in October, the Australian Bureau of Statistics said today.
Total employment rose by 29,700 to 11.356 million in the month, seasonally adjusted.
Full-time employment fell by 14,100 to 7.971 million in October and part-time employment was up by 43,800 to 3.385 million.
The participation rate in October was 65.9 per cent, up from a unrevised 65.6 per cent in September.
The forecast was for total employment to have risen by 20,000 in October with an unemployment rate of between 5.0 and 5.1 per cent and participation rate of 65.6 per cent, according to the median of 13 economists surveyed.
In September, the unemployment rate was 5.1 per cent and total employment rose by 49,500, ABS data showed.
The Federal Government’s mid-year budget review released on Tuesday forecast unemployment falling to 4.5 per cent in the coming 18 months as an additional 380,000 people join the workforce.
At the same time, the Government’s leading employment index, released yesterday, rose for a seventh straight month in November.
Employment will grow faster than the long term trend rate of 2.2 per cent a year in the coming months, the Department of Education, Employment and Workplace Relations said.
Tuesday’s Mid-Year Economic and Fiscal Outlook raised its forecast for employment growth to 2.5 per cent for the 2010/11 financial year.
See more here:
To add insult to injury, take a look at what the wall street journal has written. I’ve cut the portion out to post here that is the most “interesting” to me, and if you read between the lines, it should mean a damn lot to you too!
heres the bit:
http://online.wsj.com/article/SB10001424052748703805004575607543055471882.html?mod=googlenews_wsj
{More people available for work may take the pressure off companies to raise wages even though the rising cost of living poses another risk to growth.
“There will be less pressure on wages going forward given the emergence of spare capacity,” said Riki Polygenis, a senior economist at Australia & New Zealand Banking Group Ltd. }
O.K….sooooo, whats the big deal you ask? I’ll tell you, in simple terms;
You are “cattle” (employees) and the butcher wants to sell his beef for more profit. If he has limited cattle (employees) at his disposal, he will charge more for the cattle, due to the demand being high, and the supply being low.
On the otherhand, if the supply is high, the price of his beef drops, and he loses money due to the overstocking of beef in his freezers.
They are talking about you, the workers of the nation, being worth “less” as employees (wage value) due to the fact that an over-supply of workers will soon be competing for the same jobs.
The message becomes clearer, when you realise that even businesses are calling for “cheaper” skilled labour, mostly in the guise of imported workers from overseas, to help keep their cost to a minimum, while stripping the austrlian workers of rights and wages. Heres a little snippet explaining what i just said there;
http://www.theaustralian.com.au/national-affairs/employers-crank-up-pressure-for-reform/story-fn59niix-1225951401981
{“PREDICTIONS of economic capacity constraints and rising inflation have renewed business pressure on Julia Gillard to make bold reforms.
Business groups have focused on tax and welfare impediments to work and better targeting of skilled migration.
Business Council of Australia chief executive Katie Lahey said the projected strengthening of Australia’s economy — to an above-trend rate over the next two years — highlighted the importance of pressing ahead with bold reforms.
Australian Chamber of Commerce and Industry economics director Greg Evans called on the government to re-examine tax and welfare disincentives to entering the workforce and better targeting of the skilled migration program to address skills shortages.
The calls come ahead of a speech today at an AiGroup function in Sydney at which Immigration Minister Chris Bowen is expected to announce immigration points system changes that shift the emphasis to high skills and employee sponsorship and make it harder for overseas students with low-quality local qualifications to secure permanent residency.”}
So, now we can plainly see, that outsourcing is the name of the game in Human Resources, or should I say, Human Cattle, and the minister charged with overseeing the issues under the banner thereof. Plibersek, is as useless as the preverbial “Teets on Bulls”, and the current affairs in the MSM clearly shows, the Gillard government, and her cabinet, are just a puppet show distracting the public from the real issues…….our floundering economy!
Oh sure, they (Gillards side show of clowns) can go around the world and lecture other nations about the reasons why Austrlaia survived the GFC (which I am sure she really has no idea why Australia avoided the crisis)…..the thing is, those other nations can’t replicate the economic environment we enjoyed (budget surplus), and those other nations, who usually trade with us, have no money to buy our goods or services any more…….they are broke to the point where, foreigners, are ready to jump ships to get here (australia) in order to take a job in which they would be paid LESS than the Australian worker……. net result…..they (foreign workers) drive DOWN the wages of our own citizenry.
No one seems to be talking about this, especially considering Wayne Swan adamently defends his budget strategy, and the projections he has made regarding unemployment figures in this nation. Unless he is considering lowering the award rates, I can’t see any more jobs being created at all, and that gets worse the more foreign labour is brought onto these shores.
I’ve already shown you that business see’s this as a reason NOT to adjust wages according to inflation……I mean, they want to make as much money as they can, obviously…….but at who’s expence? And more to the point, if you are loyal to this nation and it’s economy, why would you want to rip off the workers of this country?????????
I hope, more people will start looking at the “fine print’ of these “MSM’ news pieces, before they allow themselves to be lulled into a false sense of security, by a socialist government, hell bent on destroying the history this nation, and others, for the sake of a “lifetime” pension plan when they retire!
southerncross
(X)
Ok, now here’s the proof in the pudding that Gillard is under pressure to come clean with her agenda………….an agenda, the Labour party is now trying hard to wash their hands of in public, as if they were not the ones pulling the strings!
I found out, a little while ago, that just as they have done in america with the democrat party(Obama’s party), the Australian communists and socialists all alligned themselves with the ALP and the “unions”, when communism last fell out of favour with the world.
I can tell you right now, that communism, is the Gillard/ALP agenda for this nation. Just take a look around, and see what the Austrlian government is spending your money on! I mean, this is the age of I.T, and anyone should be able to find the things I have found over my “travels” around the http://www……have you been so distracted by what the government calls “normal spending” to actually make sure they aren’t yanking your chains and hiding the real numbers in the budget? Like the amount of government beurocratic jobs that keep popping up to “hold our hands”???
I’m not going to trust the liberal party yet either…….because in America, if you are a “liberal”, you are a vote for “ObamaCare” and socialism/fascism………..a tea party “no-no”.
The problem is, in a 2 party system who do you trust (i’m not counting the Greens, because they are just a ultra-liberal left leaning fringe lobby group with a few government seats in the houses, not a party, and greenpeace is a marketing tool these days, not a global protection foundation)??????
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http://www.smh.com.au/opinion/politics/gillard-must-show-she-can-get-something-done-and-soon-20101109-17m0g.html
{Labor is trying to reboot the political debate – insisting this will be a reforming government, but that reform takes a bit longer than snappy slogans.
In a speech yesterday the Prime Minister said, not unreasonably, that by definition a government cannot prove its long-term reform credentials in just a couple of weeks.
But given how deeply voters became disillusioned with Labor during its first term, she needs to demonstrate soon that she can resolve some outstanding issues or get something done}.
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and this is the dielema we’re in, from the same article, which basically says, it’s business as usual for the communist-assisted hamburgler-government, headed by Ronald (the real Julia) McDonald!;…………
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Julia Gillard claimed to be ”establishing a way ahead on three difficult challenges”: asylum seeker policy, the mining resource rent tax, and carbon pricing. Her problem is that we don’t know what it is.
The Timor solution remains a work in progress, the mining tax remains a matter of dispute with both the miners and the states, and a consensus on carbon pricing remains a long way off.
The health reforms – unresolved in their application to Western Australia – could be added to the list.
Similarly, Wayne Swan – who made good his promise to cap real spending growth at 2 per cent and bank all extra revenue, kept his forecast return to surplus in 2012-13, and after offsetting all election promises with spending cuts – was a bit aggrieved at the suggestion yesterday he should already be cutting spending harder.
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Go read more yourselves..it’s your money she’s spending!