Tuesday, October 22, 2013

Page One Economics - St. Louis Fed

Being from St. Louis, MO, I have a tendency to read news articles from my home town.  The Federal Reserve Bank of St. Louis published an article that I found easy to read.  It explains the different types of unemployment: frictional, structural, and cyclical unemployment.  The graph that accompanies the article shows the civilian unemployment rate compared to the natural unemployment rate and the different recessions from 1948 to 2008.

To read the full article, Why Scarce Resources Are Sometimes Unemployed by Erin A. Yetter, Economic Education Specialist, click on the link below.

Page One Economics - St. Louis Fed

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