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These tariffs will have a deindustrializing effect for complex goods. - Exemptions for electronics - Unemployment at 4%, no labor to work in factories - Raw
by energy123 2y ago
These tariffs will have a deindustrializing effect for complex goods.
- Exemptions for electronics
- Unemployment at 4%, no labor to work in factories
- Raw inputs now 10%+ more expensive, meaning worse international competitiveness
- Policy uncertainty deterring investment
- Whoppertime 2y agoLooking at the labor force participation rate it seems like there is a lot of labor to work in the factories U-3, the official unemployment rate only includes people who were actively looking for a job in the last 4 weeks. Meaning if you've been out of work for half a year and you stopped sending resumes the last 4 weeks (because none of the local employers are responding to your resume) you are not included in the unemployment rate