Last week, Australian employment rate increased to 5.1% from 4.9%. While the number is still very low, this has just shown that things are not as good as what Wayne Swan wants us to believe.
In recent weeks, you can hardly read the news without noticing a job cut announcement in the business news section. Here are some of them:
- Qantas is planning for 1000 jobs cut.
- One steel cuts 400 jobs from manufacturing
- BlueScope may cut 300-500 job direct and maybe twice or even thrice indirect from Port Kembla.
- SPC Ardmona will cut 150 jobs in the Goulburn Valley over the next 12 months
- Penrice Soda announced it would axe 25 of its 265 workers
- Channel Ten (TV) cuts 170 jobs from its news and sales division.
- ABC Television, job cuts number unknown.
- Tasmanian government announced 25 middle management position in Health job will go
- Heinz Factory at nearby Girgarre - 140 job loses
- ACL Bearing, car part manufacturer from Launceston is sacking up to 35 workers over the next two weeks after more than 100 redundancies in 2009
- Brisbane City Council to cut 50 development jobs
- How many from construction industry?
- How many from retail?
- And the list going on and on.