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Could Advancing Job Automation Technology Cause Structural Unemployment?
Rdan Martin Ford offers one man's look into the future of a world in the USA of the results of continued increasing productivity, increasing income inequality, declining wage compensation, and consumption supported by debt. Robert touched on the issue recently , and Sandwichman has ...
More on the Looming Structural Unemployment Crisis
angrybear.blogspot.com — Rdan Martin Ford continues his theme in the following post, on comaparative advantage: More on the Looming... Structural Unemployment Crisis, and on Comparative Advantage In my previous post , I suggested that job automation technology might someday advance to the point where most routine ... (more) More on the Looming Structural Unemployment Crisis
Long-Term Unemployment Turns into Structural Unemployment
Long-Term Unemployment Turns into Structural Unemployment
delong.typepad.com — Mark Thoma makes a graph: those who have been unemployed for more than six months divided by... the civilian noninstitutional population 16 and over: It's very scary: long-term unemployment has a way of turning into structural unemployment... (more) Long-Term Unemployment Turns into Structural Unemployment
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‘New Normal’ For Unemployment?
angrybear.blogspot.com 23 days ago — CBS Moneywatch now features Mark Thoma about 10 posts a month. Apropos Angry Bear exploration of "structural unemployment", Mark writes on the topic of unemployment: The types of unemployment Economists define three types of unemployment: frictional, structural, and cyclical. ...