Beyond the unemployment rate: three new measures of labour under utilisation for South Australia

dc.contributor.author Barrett, S
dc.date.accessioned 2014-07-01T23:16:24Z
dc.date.available 2014-07-01T23:16:24Z
dc.date.issued 2004
dc.description.abstract "The official Australian unemployment rate is presently about five per cent and set to fall further. In South Australia the unemployment rate is somewhat higher, a little over six per cent. Nevertheless, it is the lowest that it has been in a generation. However, this paper reevaluates the experiences of the South Australian labour market over the course of the last business cycle, using three new measures of labour under-utilisation. These new labour market indicators are calculated using data obtained from the monthly Labour Force Survey. The paper argues that the official unemployment rate greatly under-estimates the level of labour under-utilisation in South Australia. The real level of labour under-utilisation in South Australia has fallen little since the trough of the last recession was attained in 1993. This under-estimation of the extent of labour under-utilisation in South Australia has serious implications for industry and employment policy in South Australia." en
dc.identifier.citation Barrett, S., 2004. Beyond the unemployment rate: three new measures of labour under utilisation for South Australia. Australian Bulletin of Labour, Vol. 30 No. 1, pp. 46-63 en
dc.identifier.issn 0311-6336
dc.identifier.uri http://hdl.handle.net/2328/27752
dc.language.iso en
dc.publisher National Institute of Labour Studies en
dc.title Beyond the unemployment rate: three new measures of labour under utilisation for South Australia en
dc.type Article en
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