Yet despite the highly publicised lay - offs like those at Qantas, and closures like Holden's and Ford's having very concentrated geographic impacts, the job numbers involved are relatively modest in
overall employment figures in Australia.
Not exact matches
First, while we do pay close attention to the NAPM
figures, given their long history, it is important to recognize that manufacturing is only about 20 % of the
overall economy, and that manufacturing
employment has also dropped to a fraction of total
employment.
But according to the latest
figures from the Rockefeller Institute of Government in Albany, New York, «
overall state - local government
employment is now 2 percent below its level at the start of the recession, while private
employment is down 5.8 percent over the same period.»