Lifestyle > Train of Thought
German unemployment highest since World War II
*Jamal*:
--- Quote from: rafsta on February 02, 2005, 05:06:14 PM ---a healthy or desirable unemployment rate is 5% only due to the fact its impossible to have 0% unemployment because there will always be people in between jobs, or peaople only employed in seasonal agreements...
--- End quote ---
Wow, tell us more!
Lincoln:
--- Quote from: rafsta on February 02, 2005, 05:06:14 PM ---a healthy or desirable unemployment rate is 5% only due to the fact its impossible to have 0% unemployment because there will always be people in between jobs, or peaople only employed in seasonal agreements...
--- End quote ---
7% not 5.
*Jamal*:
--- Quote from: Lincoln The Reform-A-Tory on February 02, 2005, 08:38:53 PM ---
--- Quote from: rafsta on February 02, 2005, 05:06:14 PM ---a healthy or desirable unemployment rate is 5% only due to the fact its impossible to have 0% unemployment because there will always be people in between jobs, or peaople only employed in seasonal agreements...
--- End quote ---
7% not 5.
--- End quote ---
Actually, there is no defined natural rate of unemployment because it depends on each country... the range is 4-7%... in the U.S. it's about 5-6%.
Lincoln:
--- Quote from: *Jamal* on February 02, 2005, 09:20:05 PM ---
--- Quote from: Lincoln The Reform-A-Tory on February 02, 2005, 08:38:53 PM ---
--- Quote from: rafsta on February 02, 2005, 05:06:14 PM ---a healthy or desirable unemployment rate is 5% only due to the fact its impossible to have 0% unemployment because there will always be people in between jobs, or peaople only employed in seasonal agreements...
--- End quote ---
7% not 5.
--- End quote ---
Actually, there is no defined natural rate of unemployment because it depends on each country... the range is 4-7%... in the U.S. it's about 5-6%.
--- End quote ---
Sorry, I've always learned 7% but you're probably right, my teacher was likely speaking just about my country.
Don Rizzle:
--- Quote from: *Jamal* on February 02, 2005, 09:20:05 PM ---
--- Quote from: Lincoln The Reform-A-Tory on February 02, 2005, 08:38:53 PM ---
--- Quote from: rafsta on February 02, 2005, 05:06:14 PM ---a healthy or desirable unemployment rate is 5% only due to the fact its impossible to have 0% unemployment because there will always be people in between jobs, or peaople only employed in seasonal agreements...
--- End quote ---
7% not 5.
--- End quote ---
Actually, there is no defined natural rate of unemployment because it depends on each country... the range is 4-7%... in the U.S. it's about 5-6%.
--- End quote ---
I studied economics at A Level and still keep an interest and i would agree with jamal on this one, we've had unemployment at around 4% for a while now employment has remained high even after a slow down in growth over the last few years.
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