The federal government pledged to create one million jobs over five years when it was elected in 2013, a rate of more than 16,500 jobs a month. Yet in its first year of office less than 12,000 jobs were created each month as the official unemployment rate went up. It was a trend that most observers expected would continue, compounded by the end of the mining boom and the continuing loss of manufacturing jobs — which is why last month’s unemployment statistics seem implausible.
Posted on: Sat, 24 Jan 2015 06:05:06 +0000
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