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Okun’s law
US / Okun’s Law says the economy is well below its potential
The basic logic that underlies Okun’s law has proven to be robust over the decades Continue reading
Unemployment Rate | Where is it going ?
Unemployment rate: How low can it go? The unemployment rate has fallen dramatically over the last six months, but just how low can it go? The answer is being debated among two camps of prominent economic thinkers. One school of thought says that unemployment will return to around 5% as the economy eventually recovers. But … Continue reading
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