Unemployment in New York City, New York

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Business investment falls during times of high unemployment, which could cause the future level of output to decrease as well. Gross enrollment percentage of youth in higher education is 7%, as compared to 92% in US, 52% in UK, 45% in Japan, 11.1% in all Asia, even 10.3% in all developing countries. It is most closely associated with a recession. So, not only did the labor market since 2007 perpetuate the wage stagnation and inequality of the previous three decades, it has actually exacerbated it.

Pages: 0

Publisher: GPO (January 1, 1915)

ISBN: B003S8KQ78

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