TY - JOUR AB - The Australian unemployment rate has fallen to its lowest level since 1989, and looks likely to fall further, perhaps even reaching the rate of 5 per cent, widely regarded as “full employment”. However, this relatively favourable outcome has been achieved only after a cyclical expansion so long and robust that it has been widely regarded as “miraculous”. It is important, therefore, to consider whether recent reductions in unemployment will be maintained when the current expansion ends, and whether alternative policies could produce stronger and more sustainable growth in employment. VL - 21 IS - 5 SN - 0143-7720 DO - 10.1108/01437720010377684 UR - https://doi.org/10.1108/01437720010377684 AU - Quiggin John PY - 2000 Y1 - 2000/01/01 TI - Unemployment: still hoping for a miracle? T2 - International Journal of Manpower PB - MCB UP Ltd SP - 374 EP - 383 Y2 - 2024/04/19 ER -