People have decided to stop going to Aussie – go the collapsing labour market

Fewer people are departing to Aussie this February than in Feb 08 (down 22%). The economics tea leaves never leave me wanting – maybe I need to incorporate them into my forecasting routine.

This is a drastic slowdown – and is consistent with the sharp increase in unemployment over in Aussie. Now I’m just waiting for someone to say:

1) Aussie departures near record high or,

2) John Key stems tide to Aussie.

Both will give me a little giggle 🙂

UpdateGo here, read the comments 😀

10 replies
  1. StephenR
    StephenR says:

    1) Aussie departures near record high or,

    That could conceivably mean departures *from* Aussie, or departures *to* Aussie, though I assume you mean the latter?

    No.2 would be a mighty piece of hackery, which hopefully we won’t see beyond the odd blog comments section 😀

  2. Matt Nolan
    Matt Nolan says:

    @StephenR

    Indeed – however, it fits the often ambiguous nature of newspaper headlines doesn’t it 😀

    I would love it if we see a blog come out with number 2 – that would really improve my day 😛

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