14th November, 2013
The number of long-term unemployed rose to an 11-year high in October.
Figures from the Australian Bureau of Statistics on Thursday showed there were 145,400 people counted as unemployed for a year or more, more than double the low of 65,900 recorded in July 2008, just before the world’s financial system weet haywire.
The October level was the highest for this seasonally-adjusted measure since April 2002.