Now we are getting the clearest indication yet that we are headed for a jobless recovery. A total of 467,000 jobs were eliminated in June, bringing the jobless rate to 9.5 percent from 9.4 percent in ...
This may be the year of a "jobless recovery" for the economy. Or so warns the economics team at Goldman Sachs in a new note to clients. "We see a period of jobless growth similar to the 'jobless ...
The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. The average rate of unemployment is 9.8 percent ...
Discover cyclical unemployment's causes, how it differs from structural and frictional types, and its economic impact during ...