On Thu, 07 Dec 2006 16:14:43 +1000, F&C wrote:
>
>http://www.smh.com.au/news/business/employment-growth-jumps-sharply/2006/12/07/1165081062893.html
>
>Unemployment now at record lows in Australia at 4.6%.
>
>Wonder what it is in those Euro-loser countries??
>
>9.6% in Germany and recent news reports say that's GOOD news? 8.8% in
>France. Probably some ridiculously high figure in Scandinavia.
>
>SOMEONE explain to me how these Euro-loser countries which are meant to
>have highly educated people can produce such FAILED economies??
You can't compare our numbers to theirs. We have some 8 million
unemployed not counted by our doctored definitions. Look to labor
market participation rates instead.
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