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You searched for: label/frictional unemployment

Recession slammed domestic migration

…essentially nowhere to go. Unemployment is ubiquitously high, and the housing market is lousy – can’t sell your home, can’t get a job. This Great Recession dragged net-domestic migration (moving…

Two comments on Kling

…shifted out. I believe it has shifted in in the past 16 years. In other words you seem to be arguing that natural rate of unemployment has increased which explains…

Underemploment numbers

…the state level in August, 20 states had unemployment rates greater than the national average of 6.1 percent, while 31 states had unemployment rates below the national average. Yet, the…

The Shape of the Future

…period. These disasters linger long in collective memories, influencing public policy and investment practice for extended periods of time. Fear of the double-digit unemployment rates of the Great Depression dominated…

Entitlement Spending Increases

unemployment benefits are a small part of entitlements. Also notice that unemployment benefits rose by 71% as the labor market was weaker in 2004 than it was in 2000. Transfer…