…chart illustrates the corporate saving rate and the unemployment rate, both have an 84% correlation. Therefore, adjusting for the standard deviations, corporate saving and the unemployment rate move roughly in…
…by but its made up nevertheless. For example, when Woods tells you that “unemployment had jumped from 4 percent to nearly 12 percent” in 1920 (presumably he means the unemployment…
…unemployment even if people demanded services from other people. So I am not going to predict massive unemployment. I am partly stimulated by the Nobel Memorial Prize committee which gave…
rdan Barkley Rosser at Econospeak raises several economic points to consider in the current political turmoil in Iran, stagflation (inflation over 17.1%) and significant unemployment (16.3%) among the whole population…
…unemployment. My research into effective demand shows a new higher natural rate of unemployment between 6.5% and 7.1%. My research is untested in real time because it is new. A…
…Daly, Bart Hobijn, and Benjamin Bradshaw. They observe 6 indicators to judge how well the labor market is improving. The 6 indicators are the insured unemployment rate, initial claims for…
…than one. The standard result that stimulus should end is due to the standard assumption that the economy exits the liquidity trap as it is assumed that the unemployment rate…
A comment on a previous post said that the unemployment rate is under-measuring the true unemployment rate due to people having withdrawn from the labor market. The low labor force…
Calculate Risk reminds us of the importance of education… Unemployment by Education This graph shows the unemployment rate by four levels of education (all groups are 25 years and older)….
by New Deal democrat Inflation in the 21st century: Oil, not wage growth or unemployment, is the issue This post follows up on my last piece, in which I argued…