With news from Australia that the Senate down under voted to block Prime Minister Tony Abbott's bid to repeal the carbon tax, it's time to review Australia's unemployment rate trends over the past four years. The carbon tax started on July 1, 2012, so here are Australia's unemployment rate and unemployment rate for those seeking full-time work in the two years before and after the carbon tax came into force. The effects of carbon taxation don't get much clearer than this.  There was absolutely no trend in Australia's unemployment rate for the 24-month period prior to the carbon tax. Then – magically – as soon as the carbon tax started, Australia's unemployment rate began to rise. At Bloomberg, Christopher Flavelle has an article whereby all Australian and international economists interviewed state that there is no significant relationship between Australia's carbon tax coming into force and the start of the unemployment...(Read Full Article)