Econ

Econ
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  • Hello Frank, I heard the the recession has made jobs hard to find and I know you've been searching hows the hunt going?
  • I was working as a cashier but I was replaced by a computer. Looks like I'm experiencing structural unemployment. With the GDP down the whole country feels like Its going through a second depression especially with the rising inflation rates.
  • I know what you mean and the GDP per capita isn't doing well either. I lost my job but finding one seems to difficult so i gave up guess that makes me a discouraged worker. We aren't the only ones experiencing this either I heard that the U.S. is 5% over the natural unemployment rate. How crazy is that?
  • Well nothing to worry about. Were just experiencing a trough or downturn in the business cycle . If we give it time the economy will fix itself and bring a peak. Unless the pesky goverment throws money at the economy with government spending. More debt is all we need right?
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