UNITED STATES: Joblessness is cyclical, not entrenched

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In this article

  • Labour market woes
  • 'Discouraged' workers
  • Extended joblessness
  • Causes?
  • Structural factors?
  • Cyclical factors?
  • The structural case
  • High job vacancies
  • Inappropriate skills
  • The cyclical case
  • Demand-side problem
  • Beyond construction
  • Investment shortfall
  • Part-time workers

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.