Jobs, Jobs, Jobs and other BS #auspol

All the vested interests have lauded this week's job figures. Apparently they are vindication of something.

For those with small short memories - this is what was happening all through last year.

One month sackings surged and the commentariat was all doom and gloom. The next month jobs surged and it was boom time again. For those who can't understand or work it out - it is called *volatility*. The talking heads and commenteers keep their jobs because of it.

A volatility that is compounded by the ABS way of measuring things. OK their hands are tied by a Government that is determined to never ever publish *bad news*. But the measure should be *truth and facts* not *obfuscation*.

Fortunately we now have an alternative information source and it is much better. Better in the sense that it is timely and accurate - the Roy Morgan employment series. If you want the facts on Australian jobs then go here.

You might be shocked.