The Cellar - View Single Post - Yemen will be first to fall in attack on Iraq

Undertoad · 10-10-2002, 02:07 PM

Unemployment is 5.7%. That's worse than it has been, but 10 years ago the government felt that 5% was "full employment" and practically unreachable.

Economic growth is 1.5%. That's worse than it has been, but it's not recession, and over the late 70s-early 80s it was 0.7% during periods that were not felt to be recession.

10-10-2002, 02:07 PM	#45
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	Unemployment is 5.7%. That's worse than it has been, but 10 years ago the government felt that 5% was "full employment" and practically unreachable. Economic growth is 1.5%. That's worse than it has been, but it's not recession, and over the late 70s-early 80s it was 0.7% during periods that were not felt to be recession.