What unemployment rate should the government be shooting for today?

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• Just what I was going to say. points for you.

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  by science_geek on March 11th, 2007

• It is impractical to think that 0% unemployment would be possible. Maybe in an ant colony, but people are constantly changing jobs, going to school, having babies, etc. so an unemployment rate of about 2.1 - 2.6 % is acceptable.

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  by Esteban-- Smart ass Pumpkin on March 11th, 2007

• If my memory from economics class serves me right 0% unemployment is not a good thing. If we remove positive unemployment such as cyclical unemployment, frictional unemployment, and structural unemployment we would remove any forward progress in this country.

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  by Hp-Freeze on March 18th, 2007

• Well for example the ford company put a lot of buggy makers out of business but that was good unemployment because the car was an important advancement.

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  by Hp-Freeze on March 20th, 2007

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• The question was what should they be shooting for, not what the practical possibilities are.

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  by science_geek on March 11th, 2007

• Again, full employment can cause inflation. So there is an no incentive to have all employed just to drive prices up. Considering I am not a politician (thank God) or an economist (thank God) or a union leader. Wages would stagnant.

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  by Esteban-- Smart ass Pumpkin on March 11th, 2007

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