Understanding Unemployment

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…

Cyclical or Structural?

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…

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