Can unemployment ever be zero?
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Works at Amazon, Lives in Seattle, WA
IT IS IMPOSSIBLE FOR UNEMPLOYMENT EVER TO BE ZERO. ... Very low unemployment can actually hurt the economy by creating an upward pressure on wages which invariably leads to higher production costs and prices. This can lead to inflation. The lowest the unemployment rate has been in the US was 2.5%.Jul 13, 2015
2023-06-13 04:14:01
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IT IS IMPOSSIBLE FOR UNEMPLOYMENT EVER TO BE ZERO. ... Very low unemployment can actually hurt the economy by creating an upward pressure on wages which invariably leads to higher production costs and prices. This can lead to inflation. The lowest the unemployment rate has been in the US was 2.5%.Jul 13, 2015