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Unemployment measurement is "absurd" says Australian historian Geoffrey Blainey

Unemployment measurement is “absurd” says Australian historian Geoffrey Blainey by Gary Morgan, Michele Levine and Julian McCrann, Roy Morgan Research

Renowned Australian historian Geoffrey Blainey has correctly identified the real problem facing the Australian economy in 2017 – the absurd measurement of unemployment means the true level of real unemployment and under-employment is under-reported. As Blainey correctly pointed out in an interview on the ABC 7.30 Report last Friday, someone who works for only one hour a week being classified as employed is “absurd”.
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Roy Morgan Unemployment Estimates - October 2016 - 9.2%
This Roy Morgan survey on Australia’s unemployment and ‘under-employed’* is based on weekly face-to-face interviews of 506,783 Australians aged 14 and over between January 2007 – October 2016 and includes 4,870 face-to-face interviews in September 2016.
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