A Case for Grexit
…gap. If there is no good reason why Greece must have 25% unemployment, then even huge EU trasfers might be dwarfed by something else. 2) unemployment, at least in Continental…
…gap. If there is no good reason why Greece must have 25% unemployment, then even huge EU trasfers might be dwarfed by something else. 2) unemployment, at least in Continental…
…machinery is injected. A pretty good case can be made to disprove that technological unemployment comes by the labor-saving machine, if we refer to the unemployment statistics. They have remained…
Reopening Isn’t Reopening—It’s Cutting Off Unemployment Donald Trump, cheering on his “warriors” who demand that states lift their lockdown and distancing orders (where they have them), would have you believe…
…a gain of 179,000 jobs. The above household number factors into the unemployment and underemployment rates below. U3 unemployment rate declined 0.1% to 3.5%, equal to the January 2020 low….
…more acceptable rate. But, everyone is not equally susceptible to the unemployment created by the Fed’s rate hikes. The unemployment rate for Black people is typically twice the unemployment rate…
…which can be used for medium term forecasting to calculate a level of unemployment consistent with a normal ratio of vacancies to unemployment *assuming* that future observations are on or…
…the share of corporate sector income going to labor compensation (or the labor share of income) should rise as unemployment falls and the economy heats up. The fact the exact…
…since March, and – as has been the case for 50+ years – the unemployment rate (red) is following with a delay:: Note that the unemployment rate in the above…
…months: . Now let’s update the forecast of the Sahm rule. With last month’s 2 year high in the unemployment rate, I’ve been wondering whether, because unemployment includes both new…
…issue that will take time to overcome and is a near-impossible task with a divided Congress. Like many progressive economists, I view the unemployment rate as the single most important…