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‘New Normal’ For Unemployment?

—Angry Bear

Number of comments: 0

CBS Moneywatch now features Mark Thoma about 10 posts a month.

Apropos Angry Bear exploration of "structural unemployment", Mark writes on the topic of unemployment:

The types of unemployment

Economists define three types of unemployment: frictional, structural, and cyclical. Frictional unemployment is defined [...]

Posted: November 13, 2009, 5:48am EST
by Rdan

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— blogs linking 'Angry Bear' this week
More on the Looming Structural Unemployment Crisis

—Angry Bear

Number of comments: 0
Rdan

Martin Ford continues his theme in the following post, on comparative advantage:

More on the Looming Structural Unemployment Crisis, and on Comparative Advantage

In my previous post, I suggested that job automation technology might someday advance to the point where most routine or repetitive jobs [...]

Posted: November 10, 2009, 7:18am EST
by Rdan

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— blogs linking 'Angry Bear' this week

Rethinking the Luddites

—Free exchange

Can we handle rapid technological change?

OVER at Angry Bear, Rdan posts something by Martin Ford, in which he ponders the issue of technology-induced long-term structural unemployment:I'm not talking about far fetched science fiction-level technology here: this is really a simple extrapolation of the expert systems and specialized algorithms [...]

Posted: November 06, 2009, 1:51pm EST

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Could Advancing Job Automation Technology Cause Structural Unemployment?

—Angry Bear

Number of comments: 0
Rdan

Martin Ford offers one man's look into the future of a world in the USA of the results of continued increasing productivity, increasing income inequality, declining wage compensation, and consumption supported by debt.

Robert touched on the issue recently, and Sandwichman has developed a range of [...]

Posted: November 06, 2009, 5:28am EST
by Rdan

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Long-Term Unemployment Turns into Structural Unemployment

—Brad DeLong's Semi-Daily Journal

Number of comments: 6
Mark Thoma makes a graph: those who have been unemployed for more than six months divided by the civilian noninstitutional population 16 and over:

It's very scary: long-term unemployment has a way of turning into structural unemployment...
[...]

Posted: October 31, 2009, 11:29pm EDT
by Brad DeLong

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