Governments aim for 3-4% unemployment. I think we all should know, and hopefully do, that it's impossible to get 0% unemployment.mattblack wrote: Having unemployment at around 5.2% is low
Might want to take in to account inflation when calculating 80's debt level with todays.
Having a deficit is not necessarily a bad thing as indicated by us keeping a AAA credit rating
I give 0 credence to anything that is written in the Australia.
Diabolical situation
Queue recession, wait......... Depression. Only the Liberal Party can save us now.
That is what your saying isn’t it Waerick?
Correct or not, I'd always be cautious about any government unemployment figure. You only have to work one hour a week as a minimum these days to qualify as being 'employed'.
Also, someone please correct me if I'm wrong, but I have this vague feeling that we only just managed to keep that AAA rating.