Posted to ABC QandA on 24 Aug 2009 2:20:13am
"Believe it or not - Statistics"
Many retrenched / displaced workers give up seeking employment and start their own businesses.
During this difficult time, these small business people may even lose their parting packages and savings. Owing to the fact that they are self-employed, they are not included in the unemployed or under-employed statistics.
These are the hidden unemployed not accounted for. The amazing 5.8% national unemployment rate - believe it or not!
"Believe it or not - Statistics"
Many retrenched / displaced workers give up seeking employment and start their own businesses.
During this difficult time, these small business people may even lose their parting packages and savings. Owing to the fact that they are self-employed, they are not included in the unemployed or under-employed statistics.
These are the hidden unemployed not accounted for. The amazing 5.8% national unemployment rate - believe it or not!