I have discovered a new kind of unemployment.
Hello everybody, I have an article that explains why since 2000: business investment has been weak; the fall in the U.S net labor share; the decline in the prime age U.S labor participation rate vs large gains elsewhere; the rise in deaths of despair. The article is called Skill Stalagmites,...
Sep 24, 202012
One thing I should add is that job search costs have not increased equally. At the bottom of the skill ladder, job search costs have increased the most, while at the top, they have not increased at all.