“Zero Unemployment”

 

Read these articles: “Why 0% Unemployment Isn’t Actually a Good Thing” by Mike Moffatt. https://www.thoughtco.com/what-a-0-percent-unemployment-means-1147540
Pathet, Simon. “Why a higher unemployment rate may be good news for the economy”. Economic Article. https://www.pbs.org/newshour/nation/higher-unemployment-rate-may-good-news-economy
Then write a 3-4 paragraphs (about 200 words) including your opinion about the following topics:
Think about what our economy would look like today and what assumptions would have to be met to have a zero rate of natural unemployment.
Is it desirable to eliminate natural unemployment? Why or why not?

 

 

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