Subsequent interviews are then conducted by phone. The Australian Bureau of Statistics Unemployment estimates are seasonally adjusted. This is in stark contrast to the Official ABS Unemployment estimates. The Roy Morgan Unemployment estimate for March 2001 is 3.7 points higher than the ABS estimates for the same period. The ABS estimates, however, use a much broader definition of being employed.
Radical action is required now.
The Reserve Bank should cut Official Interest Rates by up to one percent to more than match the US Federal Reserve Bank, while State and Federal Governments need to dramatically cut costs and stimulate the private sector with both business and personal tax cuts, irrespective of who wins the next Federal election. The estimated number of Australians looking for work for the March 2001 quarter was 977,000, up 77,000 since the December quarter, while the total number of Australians employed fell by 75,000 to an estimated 8,359,000 for the quarter. The Morgan Poll is conducted by the ONLY Australian or New Zealand member of the Gallup International Association. No other public opinion poll taken in Australia or New Zealand has this qualification.