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Old 10th Nov 2018, 18:16
  #16469 (permalink)  
BAengineer
 
Join Date: May 2018
Location: London/Fort Worth
Posts: 8
Originally Posted by oicur12.again View Post
Great presentation about how the move from full employment as a policy goal to price stabilization as a policy goal has gutted the purchasing power of average wage earners in many developed countries including the US leading to the gradual rise of populism in politics.
But the US has full employment. The general unemployment rate considered to be full employment is 4 - 5%. Currently the US is at 4%
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