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What is Being Done to Control Unemployment? In USA


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Question: What is Being Done to Control Unemployment?
Answer: A certain amount of unemployment is not controllable, since at any given point in time people will be in between jobs. Furthermore, is unemployment is too low, then the economy is considered to be over-heated and inflation is then more of a concern. Therefore, an unemployment rate below 4% is considered full employment.
In fact, a certain amount of unemployment is factored into any attempt to control inflation. Although economists don’t agree on specifics, it is widely accepted that a certain number of jobs must be lost to control each 10th of a percentage point of inflation.

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