Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Friday, 27 November 2015

Structural unemployment - short video






Sometimes structural unemployment can seem a little distant, and something we study as a technical issue. It is very real for some people, as this short clip from a 1989 documentary shows:







I am certainly not a fan of Michael Moore, but that does not stop me recognising that structural unemployment blights lives, as well as whole communities. It is an on going issue here in the UK, and despite successive governments throwing billions of pounds at the problem, is likely to remain so as our economic landscape evolves.

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