Here's one way to make sense of it. Officially, employment grew by 27,300 in April. The ABS standard estimates say we can be 95 per cent confident the true change was somewhere between a drop of 33,300 and a gain of 87,900 people in jobs.
Thursday, May 07, 2009
Employment has GROWN, not fallen, according to the official figures
Uggg!
Here's one way to make sense of it. Officially, employment grew by 27,300 in April. The ABS standard estimates say we can be 95 per cent confident the true change was somewhere between a drop of 33,300 and a gain of 87,900 people in jobs.
Here's one way to make sense of it. Officially, employment grew by 27,300 in April. The ABS standard estimates say we can be 95 per cent confident the true change was somewhere between a drop of 33,300 and a gain of 87,900 people in jobs.
