As good as it gets?
#1
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Joined: Mar 2003
Posts: 4,432
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 -
Australian Unemployment -
Last edited by Megalania; Jun 11th 2004 at 11:26 am.
#2
#3
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....
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....
#4
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%:
Unemployment at 23 year low of 5.5%. Look what happened after the last two times it got below ~6%:
Nup, don't trust you completly
#5
And what were the inflation levels and interest rates on the last 2 occasions compared to now?
OzTennis
OzTennis
#6
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)
OzTennis
OzTennis
#7
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Joined: Mar 2003
Posts: 4,432
Originally posted by OzTennis
And what were the inflation levels and interest rates on the last 2 occasions compared to now?
OzTennis
And what were the inflation levels and interest rates on the last 2 occasions compared to now?
OzTennis
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.
#8
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.
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.
OzTennis
#9
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Joined: Mar 2003
Posts: 4,432
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?
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?
OzTennis