Bleak prospects for Tasmania
Bleak prospects for Tasmania
By Ben Courtice
HOBART — Unemployment in Tasmania reached 12.6% according to seasonally adjusted figures released on January 14.
This is the highest figure recorded in Australia since monthly surveys began in 1978. The national average is 11.3%.
Unemployment for 15-19 year olds reached a staggering 40% in December.
The ANZ employment series, released on January 11, shows that job advertisements rose elsewhere in Australia; in Tasmania they were down 6% from the previous month. One of the central election promises of the Liberals was a pledge to increase jobs. All the government could say upon the release of the latest figures was that it is "difficult to believe".

By now we all know that the rich get richer under capitalism. But many are astounded at the incredible pace this takes place.
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