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(Macro) Episode 18: Unemployment

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Uploaded by on Sep 30, 2009

What does it actually mean to be "unemployed"?

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Education

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  • @1993Ney the assumption is that human wants and needs are infinite and economics tries to find the most efficient allocation of resources so that we can satisfy as many of these needs and wants as possible.

  • Macro-Economics is flawed, How can you expect infinite growth for a system operating in a planet with finite resources.

  • Unemployed actually is not being employed. Economists just mutilate English language.

  • Real unemployment rate is more like 20%

  • yes,and the recent sluggish economy has put even more of a pull on the rising nemployment rate.as government battle budget deficits,government workers are also losing their jobs,and a stimulus package doesn't seem to be coming anytime soon.simultaneously monetary policy is unavailable now.

  • Americans don't even know that unemployment is what the RICH want. Lower wages, lack of bargaining power, and lower work qualities. Americans don't understand that the BUSH tax cuts have destroyed our prosperity and shifted all wealth into the hands of a few. There is no recovery. There will be LONG sustained job stagnation. Welcome to the Republican paradise.  Until people implement socialism properly, you will have NOTHING. Until people unionized, you have no bargaining power.

  • Americans don't even know that unemployment is what the RICH want. Lower wages, lack of bargaining power, and lower work qualities. Americans don't understand that the BUSH tax cuts have destroyed our prosperity and shifted all wealth into the hands of a few. There is no recovery. There will be LONG sustained job stagnation. Welcome to the Republican paradise. Until people implement socialism properly, you will have NOTHING. Until people unionized, you have no bargaining power.

  • The real unemployment is the U6.

    U6 is 16% of nation is unemployed

    Unemployed = actively looking for work? No. Unemployed are people of age to work, need a job but cant find one.

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