In 1970, when Robert Hall asked, "Why Is the Unemployment Rate So High at Full Employment?" the unemployment rate for adult men stood at 3.5 percent.Juhn, ChinhuiMurphy, Kevin M.Topel, Robert H.Social Science Electronic PublishingJuhn, V., K. Murphy, and R. Topel (1991), "Why Has...
In a well-known paper in one of the inaugural issues of the Brookings Papers, Robert Hall posed the question, "Why is the Unemployment Rate So High at Full Employment? " (Hall, 1970). Hall, writing in the context of the 3.5 % unemployment rate that prevailed in 1969, answered his ques...
Why is Canada's Unemployment Rate So High?: A Labour Market and Technology Explanation of the Divergence of Unemployment Rates in Canada and Why is Canada's unemployment rate so high?: A labour market and technology explanation ofthe divergence of unemployment rates in Canada and the United ...
In 2007 and 2008, the U.S. unemployment rate was only 4.6 percent, though it started to rise after the financial crisis hit in September 2008, reaching 10.1 percent in October 2009. Since then it has fallen to 8.1 percent. The unemployment figure is not terribly illuminating, as it defines...
Why is unemployment an economic problem? Why did the unemployment rate stay high for a long time after the recession of 2009? Explain why policymakers face a short-run trade-off between inflation and unemployment. Why might inflation accelerate as the unemployment rate declin...
Another possible consequence of inflation isrecession– this economic term describes a situation where a country’s production starts going down, people’s incomes go down and unemployment goes up. This all sounds like a very bleak economic outlook. So, what can be done?
It is possible to find a job even in times as bad as now. 2. What is it that leads to their winning the prize? A. They have found the reason for unemployment. B. They have put forward a set of ideas to deal with unemployment. ...
[单项选择题]Why did unemployment increase during the period discussed in the passage [A] There are fewer jobs in summer. [B] Many companies had dismissed workers. [C] The labor force had grown. 本题来源: 2015年重庆公共英语考试模拟卷 ...
Another possible consequence of inflation is recession – this economic term describes a situation where a country’s production starts going down, people’s incomes go down and unemployment goes up. 通货膨胀的另一个可能后果是经济衰退。这个经济术语描述的是一个国家的产出开始下降,人民收入下降,失业率...
The national unemployment rate is becoming an increasingly meaningless statistic when it comes to painting a true picture of economic and job growth.