Capitalism and unemployment

Capitalism and unemployment
Mass unemployment has been a feature of capitalism since it emerged as the dominant social system in 17th century England and spread throughout the world. It is also an essential part of the system — the misery of the unemployed and underemployed fuels …
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Unemployed Americans Are Miserable, and Republicans Are Making It Worse
For much of the year, congressional Democrats have tried to convince their Republican counterparts to pass an extension of long-term unemployment benefits, arguing that failure to do only exacerbates the pain of the long-term unemployed. A 2012 paper dug …
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Pro: Unemployment rate is most misunderstood indicator
Patrick O’Keefe, CohnReznick Director of Economic Research, looks ahead at the July jobs report and discusses the state of the U.S. labor market. The Wall Street Journal.
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