Australian Unemployment Jumps To Highest Since October 2004.Summary: The Australian Australian pertaining to or originating in Australia. Australian bat lyssavirus disease see Australian bat lyssavirus disease. Australian cattle dog a medium-sized, compact working dog used for control of cattle. Unemployment Rate for February February: see month. shot up to levels last seen in Oct. 2004. Economist expectations of a 5.0% figure were overshot overshot protruding. overshot fetlock see knuckling over. overshot jaw See brachygnathia. Called also parrot mouth. by a realized... The Australian Unemployment Rate for February shot up to levels last seen in Oct. 2004. Economist expectations of a 5.0% figure were overshot by a realized value of 5.2% after having posted a 4.8% reading in January. The participation rate continued to jump for a third consecutive month, by 0.5% points to 65.5% in February. Falling participation along with rising unemployment indicates that a broader measure of labor strength may be deteriorating de·te·ri·o·rate v. de·te·ri·o·rat·ed, de·te·ri·o·rat·ing, de·te·ri·o·rates v.tr. To diminish or impair in quality, character, or value: . As people become discourage and halt their search of jobs, they are removed from the sample space used to estimate the unemployment rate. Had those disenfranchised ex-laborers been included, the unemployment figure would have likely been greater. Structurally, the labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience shifted a large portion of full-time positions into part-time ones. 53.8K full-time positions were lost while 55.6K part-times were created. 2009 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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