What is the ideal level of unemployment?
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Studied at the University of Zurich, Lives in Zurich, Switzerland.
A 3 percent to 4 percent unemployment rate is a reasonable goal for policymakers to embrace. After all, a Main Street definition of a good economy is when a worker can walk into the boss's office and demand a 5 percent to 10 percent raise--and get it. A bad economy is when the boss says, walk.May 2, 2013
2023-06-18 08:10:26
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Amelia Sanchez
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A 3 percent to 4 percent unemployment rate is a reasonable goal for policymakers to embrace. After all, a Main Street definition of a good economy is when a worker can walk into the boss's office and demand a 5 percent to 10 percent raise--and get it. A bad economy is when the boss says, walk.May 2, 2013