Defining Structural Unemployment

As far as I can tell, the only economists who believe that we’re suffering largely from a rise in structural unemployment are those who are ideologically committed to the view that the demand side of the economy doesn’t matter — and so by definition, in their universe, any large rise in unemployment must be structural.

From Defining Structural Unemployment –

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By Stable Genius

I am the very model of a Stable Genius Liberal.