#unemployment

I suppose there hasn’t been a single month since the war, in any trade you care to name, in which there weren’t more men than jobs. It’s brought a peculiar, ghastly feeling into life. It’s like on a sinking ship when there are nineteen survivors and fourteen lifebelts. But is there anything particularly modern in that, you say? Has it anything to do with the war? Well, it feels as if it had. The feeling that you’ve got to be everlastingly fighting and hustling, that you’ll never get anything unless you grab it from somebody else, that there’s always somebody after your job, that next month or the month after they’ll be reducing staff and it’s you that’ll get the bird – that, I swear, didn’t exist in the old life before the war. ↗

— George Orwell

#war #life

I’m a man of leisure. That’s because I have an English degree and can’t get a job.
 ↗

— Jarod Kintz

#degree #economic-depression #english #job #leisure

It takes about two and a half percent growth just to keep unemployment stable. ↗

— Ben Bernanke

#growth #half #just #keep #percent

I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent. ↗

— William Vickrey

#calling #currently #define #employment #full

Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation. ↗

— William Vickrey

#inflation #keep #level #more #percent

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain. ↗

— William Vickrey

#bargain #brought #cost #could #down

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare. ↗

— William Vickrey

#evil #far #greater #greater evil #human

Nuclear is not only emissions-free, but renewing our commitment to nuclear power will create countless jobs at a time when our nation endures nearly double-digit unemployment. ↗

— Fred Upton

#countless #create #double-digit #endures #jobs

The unemployment rate is still twice as high for blacks as for whites. ↗

— William Weld

#high #rate #still #twice #unemployment

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes. ↗

— Fareed Zakaria

#cut #draw #economy #government #government spending