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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (586733)	9/21/2010 1:02:13 PM
From: SilentZ	Read Replies (1) \| Respond to of 1575424

>I don't think the ratio is ever 1:1. The normal ratio is about 1.5-1. -Z

To: Tenchusatsu who wrote (586733)	9/22/2010 10:23:33 PM
From: combjelly	Read Replies (3) \| Respond to of 1575424

"I don't think the ratio is ever 1:1." It is more often than not. Like during the Clinton administration. Unemployment somewhere around 5% has historically been considered full employment because that accounts for people who are temporarily between jobs. Only command economies can claim 0%, and they generally fudge the figures like most of the others ones they generate. During the Clinton administration, we actually went well below 5%, which sparked many discussions as to what "full employment" really means... Why there was that discussion I dunno. It was pretty clear that we were in a labor-limited market because of the rate at which wages, especially at the low end of the spectrum, went up. The Right was incensed about it. But, then Bush got elected and changed that.