Answer: Consumer spending accounts for two-thirds of the U.S. economy when the number of unemployed consumers rises there is less consumer spending.
Fri Jan 15 2016 13:30:00 GMT-0500 (Eastern Standard Time) · Economist Paul Krugman has found a strong correlation between inequality and household debt in America over the last hundred years. Government hiring trends. Most states have balanced budget rules which forced them to cut spending …
Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions global competition education automation and demographics. … are important tools for managing the unemployment rate. There may be an …
Output gap – Wikipedia
Output gap – Wikipedia
Economy of the United States – Wikipedia
The United States Bureau of Labor Statistics (BLS) which reports current long-term unemployment rate at 1.9 percent defines this as unemployment lasting 27 weeks or…