Unemployment who is to blame




















Economic worries impact how people view the next steps in reopening the country. This week, even though they are nearly as likely as Democrats to know of coronavirus cases in their communities, they are much less likely to be concerned both about an epidemic in their own communities or in the country as a whole. More than two in five of those who say the economy should be the priority believe the worst of the pandemic has passed. However, half of those who want the government to focus on the health impact think the worst of the crisis is yet to come.

If you support this work, will chip in to help fund it? It only takes a minute to donate. Click here to make a tax-deductible donation. She tweets at meeshellchen. As a reader-supported, nonprofit publication, all of the journalism In These Times produces is made possible by readers like you. Only the private sector can generate those jobs and it should, in theory, invest in education to prepare the labour force. To move beyond the oft-repeated arguments about youth unemployment and radicalization, one might consider them as two phenomena with roots in a single problem: the unwillingness of many MENA governments and ruling elites to give space to a rising generation, which wants to carry out bottom-up change that is economic led by entrepreneurs and SMEs as well as political and social led by social movements, civil society, and political parties.

Image: Labourers work at the construction site of a building in Riyadh November 27, The views expressed in this article are those of the author alone and not the World Economic Forum. Top stories: The most female-friendly companies; how to navigate guilt at work; and why is the year of the worker.

In the United States, workers quitting their jobs increased by almost , in the past year, meaning companies need to rethink their talent strategies. I accept. Ghayad shows us just how much it doesn't by breaking out the Beveridge curves for the unemployed who can and can't get benefits. Now, the Beveridge curve just shows the relationship between job openings and joblessness, and it should be just that -- a curve. There should be a pretty stable relationship between the two. If there's not, and the curve shifts out or up, it's a sign that the labor market is somehow broken.

As you can see below, it's been badly broken for the unemployed who can collect benefits ever since late Skip to content Site Navigation The Atlantic. Popular Latest. The Atlantic Crossword. Sign In Subscribe. But it's also been badly broken for the unemployed who can't collect benefits.

It's hard to see how the group above is getting disincentivized, but the group below is not. But is the labor market more broken for one group than for the other? Well, Ghayad looked at the overall Beveridge curve from January through August , and projected where it "should" have been if the previous trend had held.

Then he looked at the Beveridge curves for the unemployed who can and can't collect benefits, and calculated how much their gaps from the trend explained the overall gap.



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