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You know you’re in trouble when Bloxo hoses you’re bullish data:
Measurement issues in the official labour force survey have made it difficult to track the Australian labour market recently
We construct a ‘labour market index’ using a range of other timely indicators which shows that the improvement may have been more gradual than the official numbers suggest
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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