In short-term unemployment news, good and bad news The good news is that fewer people are out of work and that more companies are hiring. The bad news is that there appears to be little room for improvement in these areas. The relationship between job vacancies and unemployment is known as the Beveridge Curve. The curve is a visual way to distinguish cyclical […]
Are Jobless Benefits Leading to Higher Unemployment? The latest entry in the debate comes from Rand Ghayad, a graduate student atNortheastern University who has already won attention for his work studying the plight of the long-term unemployed. In an earlier paper, Mr. Ghayad and a colleague looked at the well-known relationship between unemployment and job openings. Ordinarily, the two indicators move together, in a predictable pattern: More […]