Minneapolis Fed President Narayana Kocherlakota and others have been arguing that there is little the Fed can do about the unemployment problem because it is mainly structural in nature. I don't agree ...

What can be done about mass unemployment? All the wise heads agree: There are no quick or easy answers. There is work to be done, but workers aren’t ready to do it — they’re in the wrong places, or ...

Financial and economic crises in the past few years have aggravated structural unemployment across Europe. High structural unemployment is caused in part by hysteresis across labour markets. Reforms ...

As I noted in a previous post, economists define three types of unemployment: frictional, structural, and cyclical: Frictional unemployment is defined as the unemployment that occurs because of people ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Chris Ryan / Getty Images Frictional and structural unemployment are two ...

hat can be done about mass unemployment? All the wise heads agree: There are no quick or easy answers. There is work to be done, but workers aren't ready to do it — they're in the wrong places, or ...

Is there really an economic consensus that unemployment is cyclical, as Paul Krugman suggests? Photo courtesy of Justin Sullivan/Getty Images. But when he wrote on his blog on Aug. 3 that “[t]he PBS ...

In 2014, the unemployment rate fell faster than the Fed expected. However, Fed officials don’t agree on what caused the decline. They also have different opinions on how to address the issue. Before ...

Dean Baker defends the cyclical interpretation of unemployment and advocates government spending to create demand for jobs. Photo courtesy of Justin Sullivan/Getty Images. The United States currently ...

An increase in U.S. aggregate labor demand reflected in rising job vacancies has not been accompanied by a similar decline in the unemployment rate. Some analysts maintain that unemployed workers lack ...