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You searched for: label/frictional unemployment

unemployment

…greater technological advances incorporating more artificial intelligence which will sideline even more labor. [Eight] years of [S]tructural Unemployment is not a normal event. There is something radically wrong when Unemployment

Crib notes for G7 unemployment rates

…figures. All other unemployment rates, except for the UK, are current as of May 2010.) Germany, France, and Italy: Germany’s labor market is ostensibly improving, as the unemployment rate continues…

Structural Unemployment and Technology

Martin Ford points us to an ongoing concern as our economy changes: Structural Unemployment and Technology Previously, I’ve argued here that job automation technology might someday advance to the point…

The Fed’s moving target: NAIRU

…(long run) rate of unemployment may be shifting (they do this by showing that the Beveridge curve, which plots the the job vacancy rate against the unemployment rate, is shifting…

An Unchanged Unemployment Rate

…October 2002 that this ratio has exceeded 62.5%, the unemployment rate did not fall. The following graph shows why I have argued that the unemployment rate can be a misleading…

Austerity sinks all boats

July 31 saw the latest release of European Union unemployment numbers, and Monday’s gross domestic product figures brought no joy, especially for Greece. As Think Progress reports, Greek unemployment hit…