When such rigidities in the labor market lead to a shortage of jobs, it is called structural unemployment and those who are structurally unemployed tend to have longer spells of joblessness, on ...

Contrary to the narrative that China’s private sector has been squeezed into irrelevance, major developments in new ...

For example, policies that try to lower unemployment by boosting consumer demand (thereby raising production) can do so only temporarily, and at the cost of higher inflation later. However, policies ...

Unemployment can be classified as frictional, cyclical, structural, or institutional. Unemployment data is collected and published by government agencies in a variety of ways. Many governments ...