Posts Tagged ‘structural unemployment’

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    Understanding Unemployment

    Aug 5, 11 • 208 Views • No Comments

    A Washington Post article provided some insight about unemployment by suggesting that we place all US jobs into 2 buckets: One bucket contains firms participating in a global market. Some export goods and services. Others face competition from imports....  [read more]

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    Understanding the Jobs Report

    Jul 9, 11 • 221 Views • No Comments

    Hearing yesterday’s jobs report, most people said, “No good news.” Lower wages, almost no hiring, less time on the job and 9.2% unemployment meant more worries about the economy. These facts might provide some insight. The output gap:...  [read more]

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    Cyclical or Structural?

    Oct 9, 10 • 239 Views • No Comments

    Economists still cannot agree. With the new unemployment rate, at 9.6%, the same as the old unemployment rate, one question remains the same. Is it a jobs mismatch, contractionary lay-offs, or a third economic ailment? The diagnosis you choose will determine...  [read more]