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Economic Update: The Economics of Unemployment Today
Season 16
Episode 20
Published 12 hours ago
Description
This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter rail workers in New York (LIRR). The rest of today's episode is an analysis of the 7.4 million Americans who are unemployed today, the causes and effects of that unemployment, the irrationality of that unemployment, and the current failed "policies" to deal with it.