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As good as it gets?

As good as it gets?

Old Jun 11th 2004, 11:08 am
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Default As good as it gets?

Unemployment at 23 year low of 5.5%. Look what happened after the last two times it got below ~6%:

Australian Unemployment -
Attached Thumbnails As good as it gets?-unemployed.jpg  

Last edited by Megalania; Jun 11th 2004 at 11:26 am.
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Old Jun 11th 2004, 11:11 am
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Uh oh....
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Old Jun 11th 2004, 11:14 am
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oh yippeeeeeeeeee....................

Luckily I'm leaving in 5 weeks. Better get a good permanent job as soon as possible
Not that that wasn't the plan anyway....
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Old Jun 11th 2004, 11:15 am
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Default Re: As good as it gets?

Originally posted by Megalania
Unemployment at 23 year low of 5.5%. Look what happened after the last two times it got below ~6%:
And this is for Australia, right?
Nup, don't trust you completly
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Old Jun 11th 2004, 11:40 am
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And what were the inflation levels and interest rates on the last 2 occasions compared to now?

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Old Jun 11th 2004, 11:45 am
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I bet Megs will be able to post inflation and interest rate figures! 'If sufficient people believe what goes down must come up, then what goes down will go up'. (Self-fulfilling prophecies and all that)

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Old Jun 11th 2004, 11:49 am
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Originally posted by OzTennis
And what were the inflation levels and interest rates on the last 2 occasions compared to now?

OzTennis
How about teling us.

I say real interest rates just before the unemployment troughs were about the same as now and then real interest rates went up dramatically to try to control inflation.
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Old Jun 11th 2004, 12:44 pm
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Originally posted by Megalania
How about teling us.

I say real interest rates just before the unemployment troughs were about the same as now and then real interest rates went up dramatically to try to control inflation.
I was asking, I want you to tell me - i.e. are economic conditions now very similar to the 2 previous unemployment low spots?

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Old Jun 11th 2004, 1:52 pm
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Originally posted by OzTennis
I was asking, I want you to tell me - i.e. are economic conditions now very similar to the 2 previous unemployment low spots?

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No. Its always different this time.
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