by Marcus L’Estrange
April’s Australian Bureau of Statistics “Labour Force” unemployment figures of 6.2 per cent must be taken with a massive grain of salt. They are merely a political definition of unemployment, not an actuarial one.
How the ABS can claim an unemployment number of 823,000 for April when you have 1.6 million on the dole (not including those unemployed who cannot get the dole due to their partner working and those on the JobKeeper allowance – six million) is beyon…