Path: ccsf.homeunix.org!CALA-MUZIK!newsfeed.media.kyoto-u.ac.jp!news1.optus.net.au!optus!newsfeeder.syd.optusnet.com.au!news.optusnet.com.au!not-for-mail
Date: Thu, 07 Dec 2006 16:14:43 +1000
From: F&C <none@hottmail.com>
User-Agent: Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.7.2) Gecko/20040804 Netscape/7.2 (ax)
X-Accept-Language: en-us, en
MIME-Version: 1.0
Newsgroups: rec.travel.europe,fj.life.in-japan,alt.politics.economics,aus.politics
Subject: Unemployment in Australia now at 4.6%... WHAT ABOUT EUROPE??
Content-Type: text/plain; charset=us-ascii; format=flowed
Content-Transfer-Encoding: 7bit
Lines: 20
Message-ID: <4577b14b$0$5749$afc38c87@news.optusnet.com.au>
NNTP-Posting-Host: 220.237.73.190
X-Trace: 1165472076  5749 220.237.73.190
Xref: ccsf.homeunix.org fj.life.in-japan:164704

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??

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??