The Path to Full Employment
If people keep dropping out of the labor force because they can't find a job, and others continue to accept part-time employment because they can't find a full-time job, eventually hardly anyone will be working, no one will be looking for work, and the unemployment rate will be zero. Winning!
Presented for your delectation by the Gentleman Farmer at 12:04 PM
Comments on "The Path to Full Employment"
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justin said ... (2:33 PM) :
post a commentEver since the final quarter of 2009, when the unemployment rate hit its peak and started dropping again, the trend line here appears to have stayed pretty flat.