Page One Economics: Why Scarce Resources Are Sometimes Unemployed?
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- Page One Economics: Why Scarce Resources Are Sometimes Unemployed?
- Reserve Bank
- St. Louis
The unemployment rate always seems to be in the news, but did you know there are different kinds of unemployment? There is the natural rate of unemployment; cyclical, frictional, and structural unemployment; plus underemployment. Read the October 2013 Page One Economics Newsletter, “Why Scarce Resources Are Sometimes Unemployed,” to learn the differences.
|unemployment, unemployment rate, frictional, structural, cyclical|