http://www.economist.com/news/finance-and-economics/21596529-americas-labour-market-has-suffered-permanent-harm-closing-gap
This article talks about the gap between potential labor and actual labor. The numbers look at the unemployment in America. It calls for concern in the idea that the amount of labor called for may be permanently stunted. This would be a major concern for America as unemployment would always remain high if that were the case. It is an interesting article if you are interested in unemployment and how it affects our economy.
1 comment:
I find this distinction to be rather fascinating and an interesting decision to be made. If the gap in labor is permanently stunted and does not change going forward, I think this could result in a huge shift for the country. The unemployment rate is such a strong testament to the status of the nation's economy, and a long term high rate may result in further worry and fear in Americans. This decision will have a long term effect on the outcome of many future economic patterns.
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