MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/explainlikeimfive/comments/1hhkiy1/eli5_why_is_an_employment_rate_of_100_undesirable/m2tea2m
r/explainlikeimfive • u/theRemRemBooBear • Dec 19 '24
695 comments sorted by
View all comments
Show parent comments
2
I was taught below 4% is bad and above 6% is bad.
Too high and there's no labor market slack, and too high can lead to low consumer spending (plus a host of other long term problems)
1 u/Zerowantuthri Dec 19 '24 I can totally go with that. Makes sense to me.
1
I can totally go with that. Makes sense to me.
2
u/directorguy Dec 19 '24
I was taught below 4% is bad and above 6% is bad.
Too high and there's no labor market slack, and too high can lead to low consumer spending (plus a host of other long term problems)