3 ms·

That 4-6% is 'healthy' definitely does not mean that lower rates are 'unhealthy'.

• prepend 6y ago
  It means they are not healthy, that is different but probably the same intent.
• creshal 6y ago
  But it does. You'll never be able to find jobs for literally everyone (mental illnesses, etc.) and want some slack in the labour pool to handle seasonal fluctuations etc. If you're literally scraping the barrel, you need to import more workers, or move jobs out of state, or automate some away etc.
  • jollybean 6y ago
    That's not unhealthy, it's just not as opportunistic as it could be ... and there's a big difference between those things. The neoliberal view would be 'more immigration because you could expand' ergo 'unhealthy/unoptimized state, increase people to make more GDP'. But that's only one view. Given a flat population, it generally actually wouldn't make a whole lot of sense for example to 'let people go' to create more slack for times of economic swings. Very low unemployment can only be characterized as 'unhealthy' from the view of 'maximizing GDP growth' for the most part.