Election 2022 (Poll added)

[dodge]

There is a figure that suggests full employment, which includes those that are between jobs, and not necessarily considered a good thing - because the businesses can't get staff to help them operate, let alone grow.  When I was at Uni, I think it was 4-5%.

Good examples are complex, but take some small country towns.  City folk like the area, so they buy another property in the town.  The house either stays as a holiday home or short stay accommodation.  It removes a permanent population from the town.  If this happens a lot, the number of people that are able to be employed by the town decreases.  As a result, when the owners/short stay people go to the town, they complain because the shops aren't open at their convenient hours, because they are small businesses with not enough staff.  So the shops that remain open become really busy, which isn't an enjoyable experience for the owner, staff or customers.  Next time, the owners/short stays bring their own food and drinks, so they don't spend in the town, reducing $$ available in that town.  Shops continue to close.  As a result, there aren't jobs in the town, so permanent residents move out to find work.  It isn't a great cycle.  There is full employment in the town, but not nearly enough available workers.