Debunking the Theory of Structural Unemployment

Quicklink submitted By       Message Margaret Bassett     Permalink
Related Topic(s): ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Author 4629
Become a Fan
  (30 fans)
Widespread claims that our unemployment crisis is structural are not only inaccurate, but they imply that macroeconomic tools such as fiscal policy (spending or tax cuts) or monetary policy can not address our unemployment crisis. Surprisingly, perhaps amazingly, there's no systematic empirical evidence for such assertions. Policy makers should understand that the problem faced by the unemployed is a simple scarcity of jobs

Read the rest of the story HERE:

At www.epi.org

- Advertisement -
- Advertisement -