Swan: We Created Every Single New Job In The Entire Nation Since We Came To Office … And 10,000 More, That Don’t Even Exist

22 Jun

Goose talking "jobs jobs jobs"

Do you remember Wayne’s pre-budget mantra?

That big red herring about jobs – the one that the entire Australian media corps swallowed hook, line, and sinker?

We created 750,000 jobs since we came to office when other nations shed millions of jobs…

Back in early May, we first debunked Wayne’s Big Lie ( “Behold, Wayne’s Große Lüge” ), simply by comparing his own Final Budget Outcome 2009-10 to the Final Budget Outcome for 2007-08, the year that Labor came to office.

Of course, that simple comparison using government budget documents did not take into account a number of factors. Including what may have happened in the employment trends between the end of financial year 2010, and Wayne’s grand claim in May 2011.

So now, dear reader, we present for your enjoyment the definitive proof. The Australian Bureau of Statistics (ABS) Labour Force data from November 2007 (the month that Rudd won the election) through to May 2011 (the month in which Wayne was frantically waving his “jobs jobs jobs” red herring, to distract from his upcoming record-high budget deficit announcement).

First, here is a chart for Full-time employed persons:

Click to enlarge

That’s a grand total of (8.0271 million – 7.6689 million) 358,200 more Full-time employed persons now, than in November 2007.

Second, here is a chart for Part-time employed persons:

Click to enlarge

That’s a grand total of (3.4135 million – 3.0317 million) 381,800 more Part-time employed persons now, than in November 2007.

For a grand total of … 740,000 more employed persons than in November 2007.

In a nation where the population increased by 1.237 million from September 2007 to September 2010 (the latest data), including a natural increase of 0.5 million (births minus deaths):

Click to enlarge

Now, what was that you said, Wayne?

We created 750,000 jobs since we came to office when other nations shed millions of jobs…

Let’s take a moment to enter an imaginary parallel universe.  A fantasy world where the Australian private sector – that’s every non-government business in the nation – did not create a single new job – full or part-time – in the past 3.5 years. 

Not one.

According to the official ABS data, even if the entire private sector did not create a single new job, and instead, we swallow the patently absurd notion that Labor alone was responsible for creating every single new full-time and part-time job in the entire country over the past 3.5 years, Wayne’s claim would still fall short long.  By 10,000 jobs.

Now, perhaps you are one of the eagle-eyed readers who has spotted the big 80,000 fall in full-time employed persons in April-May.  An ominous collapse, only one-tenth less than the GFC-triggered f/t employed persons plunge in Feb-Mar 2009.

And perhaps you are also quick-witted enough to be thinking, “Hey wait on there mate, Wayne couldn’t have known the May figures in early May, could he?”

And you would be right on both counts.

Doesn’t help our Wayne’s claim though.

Because if you calculate November 2007 through April 2011 instead, you get a grand total of … (380,200 F/t + 352,000 P/t) 732,200 employed persons.

Meaning, his lie was even bigger than you thought.

Be-holed, Wayne’s Große Lüge.

If you are going to lie, make it a Big Lie.

And repeat it often.

If you haven’t dug your fork in to check if this goose is fully cooked yet, then you might also enjoy our debunking of Wayne’s “But wait … there’s more!” free steak knives claim.

That the government “will create half a million more” jobs in the next two years.

A ridiculous lie that is clearly betrayed by the evidence buried in the fine print of his own May Budget documents –

Economic parameter variations are forecast to reduce expenses in 2011‑12 and over the forward estimates … Partly offsetting these reductions … an upwards revision in the estimated number of unemployment benefit recipients is expected to increase expenses in 2011‑12 compared to MYEFO, although this is partly unwound by a reduction in the forecast of the number of unemployment benefit recipients in 2012‑13.

Budget 2011-12 | Budget Paper No. 1, Statement 6, Table 2

Dig your fork in here – “Half A Million Jobs” – Wayne’s Big Lie (Reprise)

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