:: Saturday, July 31, 2010                                                                                                                   

Home » Blogs » economic distortion

In ECON 101, we are taught the concept of “structural unemployment.” Government economists say that structural unemployment, which refers to the segment of the work force unemployed due to “structural change” in the economy, is unavoidable. Therefore, a good 3-5 percent of Americans can be out of work and the government will still say we [...]

Tags: , ,

Subscribe to Citizen Economists

Vote on Wikio

Bookmark & Share
 




Amateur Economists at Blogged


Copyright © 2009 Citizen Economists. All rights reserved.