Unemplyment figures are notoriously fudgable, because there are all sorts of ways you can exclude people from official figures. It's much easier to determine the number of people who are employed (especially in countries that have a PAYE income tax system).
If you want to enjoy the benefits of the current economic system you have to accept the costs: intermittent recession, a minimum 4% unemployment rate to keep wage growth in check, periods of increased unemployment to flatten out wage growth for a while, economic growth largely fueled through debt that eventually tips an ecopnomy into negative growth when some of the worst debt is written off.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix







