Why scarce resources are sometimes unemployed
Erin Yetter
Page One Economics Newsletter, 2013, issue oct, 1-3
Abstract:
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.
Date: 2013
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http://research.stlouisfed.org/pageone-economics/u ... 13/PageOneCE1013.pdf Classroom edition (application/pdf)
http://research.stlouisfed.org/pageone-economics/u ... times_Unemployed.pdf Newsletter edition (application/pdf)
https://research.stlouisfed.org/publications/page1 ... ometimes-unemployed/ Main page (text/html)
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