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> “The economy is already at full employment.” On a recent EconTalk[1], Edward Glaeser, the Fred and Eleanor Glimp Professor of Economics at Harvard, said, in
by spir 8y ago
> “The economy is already at full employment.”
On a recent EconTalk[1], Edward Glaeser, the Fred and Eleanor Glimp Professor of Economics at Harvard, said, in their recent sample, 11.9% of U.S. men aged 25-55 have been jobless for over 12 months.
EDIT: quick googling, 11.9% of U.S. men aged 25-55 is about 7.5 million people.
http://www.econtalk.org/archives/2018/03/edward_glaeser.html http://www.econtalk.org/archives/2018/03/edward_glaeser.html