Analysis: Scott Morrison has characterised the jobs market as an ongoing war, with Australia 'fighting back'. The figures suggest these are only the early skirmishes of that war | swrighteconomy
For those of a glass half full nature, the report was good news. But for the pessimists, bad news was just as easy to find.
Almost 370,000 people have left the labour force since February. They don't have a job and aren't looking for one . Add this group to the 992,000 without a job and the unemployment rate is clearly above 10 per cent. And then there are the 1.15 million people who worked fewer than usual hours for economic reasons in June. Thankfully, this was 400,000 down on the number reported in May but it is still a huge chunk of people who aren't getting the hours they need or want.
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