Quote:
|
Originally Posted by urabus
Agreed this is a problem however WA's unemployment rate for the june quarter was 2.2% The natural rate of unemployment (i.e. those who are actually employable) is about 4%. WA alone could consume a lot of those people.
Dont forget that it is not like someone is going to turn a light switch off.
|
Brendon I dont like to be the bearer of bad news but the light switch is being dimmed very quickly right now and I expect it to turn off pretty quickly at the rate we seeing things decline right now. I have a lot of employees who are for the first time in a long time very concerned about where there next pay check is coming from. Stay tuned because its going to be lack back to the future 90's style.