In article <o6efn2hq6pl6ivod63t9h5p539hhpi29c0@4ax.com>, 
retrogrouch@comcast.net says...
> On Thu, 07 Dec 2006 16:14:43 +1000, F&C <none@hottmail.com> wrote:
>  >
> >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??
> 
> 
> You can't compare our numbers to theirs. We have some 8 million
> unemployed not counted by our doctored definitions. 

The same doctored definitions are used by the Europeans as the 
Australian. 

> Look to labor
> market participation rates instead.
> 

How are the Europeans better?

-- 
Its amazing how many obscure relatives, that you met at funerals.

Observations of Bernard - No 108