Question
Read and summarize the paper WHY THE UNEMPLOYMENT RATE IS NO LONGER A RELIABLE GAUGE OF LABOUR MARKET PERFORMANCE Identify the main idea or theme
Read and summarize the paper "WHY THE UNEMPLOYMENT RATE IS NO LONGER A RELIABLE GAUGE OF LABOUR MARKET PERFORMANCE"
- Identify the main idea or theme of the paper.
- In your summary make sure to explain why the unemployment rate is less reflective of the overall labour market performance.
- Also make sure to discuss which other indicator will be a better measure of labour market performance
link for the paper: https://www.fraserinstitute.org/sites/default/files/why-the-unemployment-rate-is-no-longer-a-reliable-gauge-for-labour-market-performance.pdf
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
