How do you think education is going to change in the future? I think kids are going to have to stay in school until they are older, maybe until they are 20 or 21. Why? Well, one reason is that there simply won't be enough jobs for everyone, so it will be necessary to keep kids...
Yet some Fed officials argue that precisely because the number of job vacancies is so high, it may be possible to introduce slack into the labour market through reductions in the number of posted openings—without having to push millions of people out of work. In July Chris Waller, a Federal...
Megan Greenwell
"I'm not too panicky right now — we are better off than a lot of people," Cahoon said, noting that her husband is employed. But she worries that the money she set aside this summer will run out before she finds a new job or if a new round of stimulus aid is extended. "Right ...
"Unemployment rate is going down and will continue to decline. Without making up the numbers, we're going to invest heavily to find the skills," he told France inter-radio. Asked whether the joblessness rate could stand at 8 percent in 2019, Philippe declined to give figures, saying "the...
Another form of unemployment is long-term unemployment, which means going at least 27 weeks or longer without a job, and the unemployment rate doesn't specify how long someone has been without work.11 All of this means, unfortunately, that the true percentage of people who don't have jobs...
As you are probably aware,the latest job market news isn't good.Unemployment is still more than 9percent,and new job growth has fallen close to zero.That's bad for the economy,of course.And it may be especially (61)___(discourage) if you happen(62)___ ( look) for a job or hopi...
More broadly, high unemployment is also problematic for the U.S. economy. Approximately 70% of GDP is made up of consumer spending. Unemployed workers consume far less than those with a steady income because they have less discretionary income.2 ...
My colleague on writing the Unhedged newsletter. Aiden, is Powell right that part of the reason or a lot of the reason that the unemployment rate is going up is that we have a lot of people coming into the country from the outside?
The economy did not start generating jobs at all following the last recession until weekly claims fell below 400,000 in 2003.On the whole, this report does not suggest a very positive picture of the labor market going into 2011. The decline in the unemployment rate is certainly positive, ...