Causes of High Unemployment
“The labor market today: Is unemployment cyclical or structural?” was a program of the American Enterprise Institute.
Nobel Prize-winning economist Peter Diamond used charts and graphs to talk about the causes of high unemployment. The latest monthly jobs re… read more
Nobel Prize-winning economist Peter Diamond used charts and graphs to talk about the causes of high unemployment. The latest monthly jobs report showed unemployment dropping to 7.3 percent, largely due to people who stopped looking for work. Professor Diamond argued for increased stimulus spending targeted at infrastructure, education, and research. Then economists Dean Baker and Kevin Hassett joined in discussing the issues.
“The labor market today: Is unemployment cyclical or structural?” was a program of the American Enterprise Institute. close
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