Here's the truth of the matter about unemployment

By Ross Gittins
Updated August 20 2017 - 3:13pm, first published 3:09pm
Here's the truth of the matter about unemployment
Here's the truth of the matter about unemployment

So, the Australian Bureau of Statistics told us this week, the rate of unemployment fell a tick to 5.6 per cent in July. Trouble is, most people know the official unemployment rate understates the extent of the problem.