Whenever I return to this blog to look at things I wrote about in the past, more often than not it is the non-political posts that I re-read, perhaps because now that I am paid to write about economic and politics, the writing on sport and movies and music still has the appeal of a hobby - which is what this blog only ever was.This week I did get to write in Guardian Aus on ten
Articles from Grog's Gamut
My favourite men’s tennis bit of trivia is that Bernard Tomic is closer in age to Novak Djokovic than Djokovic is to Roger Federer. Tomic is 23, was born in October 1992; Djokovic is 28, was born in May 1987 and is 5 years and 5 months older than Tomic; Federer is 34, was born in August 1981 is 5 years and 9 months older than Djokovic.
Before I start, I think we should all pause to honour the many brave individuals who have taken to social media in the past few days to let everyone know they hate U2. Swimming against the tide is a very tough thing to do; I just hope their reputations can recover. But we should thank them as well – it’s not often social media in 2014 can take you back to 1988.
Today’s labour force figures demonstrated that sometimes economics is not about “good news and bad news”, sometimes it’s just all bad.
There really was nothing in today’s figures that holds any joy. But let us gird our loins and venture into the data.
Firstly the unemployment rate both seasonally adjusted and trend stayed at 5.8%
From my Guardian post I have start using Datawrapper for the graphs. They are a bit more interactive, though pretty basic. I actually prefer just using Excel for some graphs, especially when I am using 2 Y-axis, or I want to combine columns and lines on the same graph.
But here are a few graphs with Datawrapper:
I might use these a bit more in future
The Monthly labour force figures came out today and they do little to suggest the Treasury's prediction of 6.25% by June next year will be wildly inaccurate.
In seasonally adjusted terms the unemployment rate in October stayed flat at 5.7%. Although given September’s rate was 5.6755% and October’s was 5.7442%, it was all down to rounding that kept the rate flat when in fact it increased 0.068 percentage points.
Today the ABS released the latest labour force numbers. I haven’t done a full post on the number for a couple month due to the election, so let’s have a look and see how we’re doing.
First off, the numbers scream “ignore the seasonally adjusted rate”. On seasonally adjusted terms the unemployment rate in September actually fell from 5.8% to 5.6%.
During the election campaign, most mornings, the first site I looked at was the Press Display to see what the front pages were like. Obviously they were mostly awful. But for future reference and for your edification here are the front pages of The Daily Telegraph, Courier Mail, Herald Sun, Advertiser, The Oz and Sunday Version thereof of every day of the campaign when the front page had a story about the election.
This last day of the campaign saw Kevin Rudd start off early by attacking the Liberal Party over its release of its child care policy last night.
Yep, child care. No one cares about, so of course you would release it without any fan fair…