EDUCATION UNEMPLOYMENT & FUTUR

Format: Hardcover

Language: English

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Unemployment rate was 3.8 percent which has increased 0.1percent. It is also the least problematic from an economic standpoint. Taxes imposed on spending on particular goods or services. Yet the reality of the much praised American labour market "flexibility" was shown when then head of the US Federal Reserve Alan Greenspan explained in 1997 why unemployment managed to fall below the standard NAIRU rate without inflation increasing: "Increases in hourly compensation. .. have continued to fall far short of what they would have been had historical relationships between compensation gains and the degree of labour market tightness held. ..

Pages: 192

Publisher: Open University (January 1, 1983)

ISBN: 0335104118

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