Unemployment in Australia now at 4.6%... WHAT ABOUT EUROPE??

http://www.smh.com.au/news/business/...081062893.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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??

hehe

immigration is the keyword.

"F&C" a écrit dans le message de news:
...



http://www.smh.com.au/news/business/...umps-sharply/2...

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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??- Hide quoted text -- Show quoted text -

Y do you care so much about Europe, loser ?

"F&C" a écrit dans le message de news:
...
http://www.smh.com.au/news/business/...081062893.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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??

"F&C" wrote in message
...
http://www.smh.com.au/news/business/...081062893.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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??



Better economic management, obviously.

France in particular has massive over-regulation in many areas, including
highly restrictive labour markets, banking sector, and agricultural/farming
sector.

Australia has a much freer economy, and has pursued trade liberalisation far
more aggresively.

That's why we have been the fastest growing OECD economy over the last 10
years.

"F&C" wrote in message
...
http://www.smh.com.au/news/business/...081062893.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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??

There is a lot more to it than just managing the Economy.

1) Anyone who does one hour work in Australia is not counted as unemployed
How do the Europeans count unemployment?

2) What is the ratio of working people and retired people?
Europe has a lot of People from Eastern Europe who had a much higher birth
rate than Australia.

3) America pays unemployment benefit for only a certain time. If you are
still unemployed after benefits are cut off, you are no longer counted.

On Thu, 07 Dec 2006 16:14:43 +1000, F&C
wrote:

How come us uncooth Australians

Speak for yourself, but buy a dictionary first.

Cheers, Alan, Australia
--
http://loraltravel.blogspot.com/
latest: Epidaurus
http://loraldiabetes.blogspot.com/

I think before any comparison can be made, the criterias by which the rates
are arrived at need to be the same otherwise one will be comparing apples
with some other things.
How many minimum hours per week has one need to be employed before being
classified as employed?
I know of a country whose calculation of the inflation rate is based on a
basket of goods all of which are control items which items cannot have
increases in prices without government approval. That country has extremely
low inflation rates declared by the government for years. Nobody believes
them.


"F&C" wrote in message
...
http://www.smh.com.au/news/business/...081062893.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??

Good work to the Americans though, they have a rate of 4.4%. Although it
is worth mentioning that the minimum wage is twice as high in Australia.

In fact, Australia has perhaps the highest minimum wage in the world,
WITH extremely low unemployment. How come us uncooth Australians can
manage our economy, whereas Europe is a failed state??

"Jens Arne Maennig" wrote in message
...



For example, in Germany, where I live, authorities have done a
tremendous job in putting unemployed people into cheap and useless job
trainings to move them from the state of unemployment to being "in
education/further training".

This is now a standard ploy in many counties, but it's still a better option
than leaving the unemployed to rot at home watching tv (for example). Your
real concern is about the quality of the job training, rather than the ploy.


I'm absolutely willing to believe you that Australia has a healthier
economy than, for example, Germany. With 25 % of the inhabitants on
21 times the area, there are, well, certain chances and opportunities.

You might be surprised to know that Australia has always been a dry
continent, and it is currently in the grip of severe drought. The area of
land that can be utilised economically is far less than your simple
calculation suggests.


However, if you can guarantee that politicians in Australia are always
truthful and always will act to the benefit of their country and its
population and not with their re-election in mind,

That goes without saying!

I will start my
pilgrimage to the nearest Australian consulate today to get my
residence and working permits.

Sorry. We only allow in people of quality.

On Thu, 7 Dec 2006 08:48:41 +0100, Jens Arne Maennig
wrote:

I'm absolutely willing to believe you that Australia has a healthier
economy than, for example, Germany. With 25 % of the inhabitants on
21 times the area, there are, well, certain chances and opportunities.
However, if you can guarantee that politicians in Australia are always
truthful and always will act to the benefit of their country and its
population and not with their re-election in mind, I will start my
pilgrimage to the nearest Australian consulate today to get my
residence and working permits.

"And if it be that you would know
The tracks he used to ride,
Then you must saddle up and go
Beyond the Queensland side --
Beyond the reach of rule or law,
To ride the long day through,
In Nature's homestead -- filled with awe
You then might see what Clancy saw
And know what Clancy knew.

"Jens Arne Maennig" wrote in message
...
Otter wrote:
"Jens Arne Maennig" wrote in message
...

I'm absolutely willing to believe you that Australia has a healthier
economy than, for example, Germany. With 25 % of the inhabitants on
21 times the area, there are, well, certain chances and opportunities.

You might be surprised to know that Australia has always been a dry
continent, and it is currently in the grip of severe drought. The
area of land that can be utilised economically is far less than
your simple calculation suggests.

Okay, let's look at it from an other point of view: The economic
sector with the highest need of land might be farming. Australia is
currently able to export about 80 % of its agricultural production. A
sign of not enough land?

There is plenty of land. But much of it, at the best of times, is of
marginal use for farming (even wheat/sheep production) because of the
typically low rainfall. With the current drought conditions, it's much
worse. With what land is left, and its relatively small population,
Australia can still produce most of what is needed internally, and a surplus
for export.

The point is that you can't simply make a comparison between countries or
continents and their populations. You wouldn't compare Africa with Europe on
that basis.