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Suddenly, below 4 is possibleĮven as late as December last year in the mid-year budget update, the best the Treasury could forecast was an unemployment rate of 4.25 per cent, which wouldn't be reached until mid-2023 and wouldn't be bettered in forecasts stretching out to mid-2025. There wasn't the demand for workers to support it. This time last year, the official budget strategy (its formal title is fiscal strategy) pledged to maintain economic support until the unemployment rate was "comfortably below 6 per cent".įrydenberg ditched that target on the ground it was unambitious in the May budget, replacing it with a commitment to spend until the recovery was "secure and the unemployment rate is back to pre-crisis levels or lower".īut – even projecting forward all the way out to 2025 – Frydenberg couldn't promise an unemployment rate below 4 per cent. Treasurer Josh Frydenberg couldn't have done it until recently. Yet, astoundingly, both are now within reach. Neither have happened for half a century not since the long Coalition reign of Robert Menzies and his successors from the 1950s to the early 1970s, when unemployment was between 2 and 3 per cent.
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It would be to forecast an unemployment rate below 4 per cent (a rate of three-point-something), then to pledge to go further, to two-point-something.
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User-contributed text is available under the Creative Commons By-SA License and may also be available under the GNU FDL.What's the boldest thing the Morrison government could do in next month's budget? User-contributed text is available under the Creative Commons By-SA License and may also be available under the GNU FDL. Dre and 50 Cent had signed The Game under a joint venture. He first signed Lloyd Banks, Tony Yayo and Young Buck as the established members of G-Unit. In 2003 Interscope allowed 50 Cent to have his own label - G-Unit records. The first single released off this, Disco Inferno, was a huge hit - he followed this hit up by the release of Candy Shop and then again with Just a Lil Bit. Valentines Day Massacre until the release date was pushed back). In 2005 he followed the success of his album Get Rich or Die Tryin’ with a new release - The Massacre (originally called St. Within the second week it went Platinum (1 mil) and on April 12th, 2004 the RIAA certified it six times Platinum. In its first week of release, his debut â€Get Rich Or Die Tryin’†sold 872,000 units - easily reaching Gold status. The first song he released on this record was entitled Wanksta and was featured on the 8 Mile soundtrack. He was the first rapper to sign to the joint label owned by Dr Dre and Eminem. Shortly after this, 50 Cent officially signed to Interscope Records. Columbia Records released him from the label after being shot on May 24th, 2000.Īround this time, Eminem had heard one of 50 Cent’s demo tapes and expressed a huge interest in him on MTV, as did Dr Dre.
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On this label, he released Power of the Dollar, and the singles How to Rob and Ghetto Qu’ran. After he’d left JMJ, he signed to Columbia Records in 1996. 50 Cent met up with Jam Master Jay of Run-DMC and was signed to his label to write all of Jay’s music. 50 Cent is one of the richest hip-hop performers, having a net worth estimated at US $440 million in 2008.īefore 50 Cent ever inked a major deal, he built up a substantial fan base in New York through underground mixtapes. He has also pursued an acting career, appearing in the semi-autobiographical film Get Rich or Die Tryin' in 2005, the Iraq War film Home of the Brave in 2006, and Righteous Kill in 2008. He has since released 2003's Get Rich or Die Tryin', 2005's The Massacre, 2007's Curtis and 2009's Before I Self Destruct.ĥ0 Cent has engaged in feuds with other rappers including Jay-Z, Ja Rule, The Game, Cam'ron, Fat Joe, and Rick Ross. Dre and then signed to Interscope Records. After leaving drug dealing to pursue a rap career, he released his debut album Guess Who's Back? in 2002. Curtis James Jackson III (born Jin South Jamaica, Queens, New York), better known by his stage name 50 Cent, is a Grammy award nominated rapper, actor, singer, entrepreneur, author and founder of the hip hop group and label G-Unit.