Thursday, June 01, 2017

Update on unemployment

I did note a week or so ago that Adam Creighton seems determined to be a contrarian (and of the kind who would appeal to dumb populist politicians) when it comes to matter of unemployment figures; even when a fellow "small government" traveller like Judith Sloan has long been dismissive of the argument.

Well, for more detail as to why Adam's argument is (largely) crap, Greg Jericho has done a sterling job of explaining it all here. 

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