Australia's largest stock trading and investment forum Australia's #1 stock forum

Economy tanking under Labor, page-33

First 33 Last

Share
Profile

Follow
trashcansinatra

11,142 Posts.

101

05/06/24

17:20

Post #: 74180368
Share

Originally posted by Reaper11: ↑

It's been a rule of thumb in Australia that you need 3% economic growth to keep unemployment from rising. That no longer seems to be the case. If unemployment rises only marginally when you have little economic growth and large scale immigration, how much economic growth is needed? Does it matter if we have a recession if there's little impact on unemployment?

Reaper.

Expand

Unemployment has risen 17% (3.5% to 4.1%). That's not counting those who have given up looking for work.
9 Upvote

Reply

Top Stories

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

What's causing the cost-of-living crisis, and how to navigate it

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

There are more pages in this discussion • 141 more messages in this thread...

First 33 Last