Aussie voters don’t believe official unemployment rate

Friday, 2 February 2018

Every month MB publishes the Roy Morgan Research (RMR) unemployment estimate, which differs greatly from the official unemployment rate published by the Australian Bureau of Statistics (ABS):

This difference between the two measures is explained as follows:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.