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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WASHINGTON Fewer Americans sought unemployment benefits last week, a sign that U.S. workers still have job security despite recent tremors in the global economy. The Labor Department says weekly applications fell 16,000 to a seasonally adjusted 254,000.
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