The Isle of Man economy is still in a very strong position, despite increasing talk of a recession hitting the UK.
Treasury Minister Allan Bell was speaking in the light of recent figures which showed just a marginal increase in unemployment - up by just nine people to 1.4% of the economically active population.
Mr Bell says the small rise was affected by students returning to the Island over Christmas and signing on, and that the Island still has one of the lowest unemployment rates in Europe.
He says the Island can't afford to be complacent, but equally mustn't let itself drift into economic doldrums for no real reason:
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