unemployment rate - Economics Students Society of Australia

unemployment rate

A collection of 2 posts

Unemployment v Fiscal Instability: Which is the greater threat?

Unemployment v Fiscal Instability: Which is the greater threat?

In the immediate aftermath of the Global Financial Crisis in 2008-09, the main concern for most policy makers was ensuring people were employed. The unemployment rate rose from as low as 4% to almost 6% quite rapidly. After both the government and the RBA took various stimulus measures, this panic

The ‘Bottini Effect’

The ‘Bottini Effect’

Job Seeker’s may not be disaffected, they might just not need the money The September job figures showed a drop in the unemployment rate. This must be an unambiguously good thing right? Not necessarily… The unemployment rate is calculated as the number of people looking for a job divided