Thank the statists: Sharp rise in the rate of long-term unemployment is taking growing toll on OZschwitz's collective wellbeing

A sharp rise in the rate of long-term unemployment is taking a growing toll on Australia's collective wellbeing.

The Herald-Lateral Economics Wellbeing Index - which uses a range of indicators to measure changes in national welfare - shows the annual cost of long-term unemployment to collective wellbeing has reached $3.3 billion.

The report says the average rate of long-term unemployment has doubled since 2008 from an average of 0.6 per cent to 1.2 per cent.

http://www.smh.com.au/national/wellbeing-index-shows-impact-of-jobless-on-society-20140606-39okt.html
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Thank the statists: Sharp rise in the rate of long-term unemployment is taking growing toll on OZschwitz's collective wellbeing PgkowJT

Thank the statists: Sharp rise in the rate of long-term unemployment is taking growing toll on OZschwitz's collective wellbeing PgkowJT

Thank the statists: Sharp rise in the rate of long-term unemployment is taking growing toll on OZschwitz's collective wellbeing

Thank the statists: Sharp rise in the rate of long-term unemployment is taking growing toll on OZschwitz's collective wellbeing

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