…Summers and his former student JB DeLong continue to stress hysteresis (with an open mind about the sum of autoregressive coefficients of unemployment on lagged unemployment so there model might…

…stayed below 3 percent. Making the unemployment target explicit would also serve to constrain inflationary expectations: As the unemployment rate fell, the inflation target would fall with it. As I…

…of the country since the peak of national unemployment in October 2009.” 3) The unemployment rate in Texas has been steadily increasing throughout the recession. 4) While over 126,000 net…

…be unemployment there must be three agents, an employer, an employee and an unemployed person. The unemployed person must be eager to work as the employee does at the employee’s…

…unemployment compensation and workers’ compensation; public assistance cash payments; benefits to the elderly and to coal miners; and low- and moderate-income housing benefits. It’s spending on unemployment and food stamps…

…1990, there has been a negative correlation between the Investment to GDP ratio and unemployment. There’s been some back and forth between Taylor and some of the other big boys…

…2 million per year – and the participation rate stays flat – the economy will need to add about 100 thousand jobs per month to keep the unemployment rate steady…

…forget unemployment. According to the growth orthodoxy, unemployment creates jobs. How does this happen? Easy! Unemployed workers are willing to work for less money, which drives down the cost of…

…unemployment rate and therefore they weren’t aberrant. He argues that it must be possible to achieve normal unemployment without a bubble. He then sure seems to argue that since some…

This recession caused a severe disruption in the labor market for teen employment. The chart below illustrates the unemployment rate alongside the employment-to-population ratio for those aged 16-19 years. The…