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Showing 1 - 5 of 5 results for "Unemployed workers"

Independence Day for the US economy

BENJAMIN ONG  |  FRIDAY, 4 JUL 2014
... when she told you, I and Irene about the "considerable slack" in the labour market. "Large numbers of partly unemployed workers, stagnant wages, lower labor-force participation and longer periods of joblessness" show that "there remains considerable ...

Considerable time to eliminate considerable slack

BENJAMIN ONG  |  TUESDAY, 1 APR 2014
... reaching our goals will take time" - even citing "real people behind the statistics". "Large numbers of partly unemployed workers, stagnant wages, lower labor-force participation and longer periods of joblessness show that "there remains considerable ...

Spend, spend, spend

BENJAMIN ONG  |  TUESDAY, 22 OCT 2013
... it means that if people don't spend, companies don't earn. If companies don't earn, they don't hire workers. Unemployed workers cannot spend, cannot save. Unprofitable companies cannot invest, cannot save. Aggregate demand falls, economy weakens. Spend ...

Paradox of thrift

BENJAMIN ONG  |  THURSDAY, 8 APR 2010
... simple terms, if people don't spend, companies don't earn. If companies don't earn, they don't hire workers. Unemployed workers cannot spend, cannot save. Unprofitable companies cannot invest, cannot save. Total savings in the economy is reduced. Extending ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
... simple terms, if people don't spend, companies don't earn. If companies don't earn, they don't hire workers. Unemployed workers cannot spend, cannot save. Unprofitable companies cannot invest, cannot save. Total savings in the economy is reduced. Extending ...
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