Foundation for Economic Education
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Unemployment Reaches 8.5 Percent
Posted By Sheldon Richman
“The nation’s unemployment rate jumped to 8.5% in March, the highest since late 1983, as a wide range of employers eliminated a total of 663,000 jobs.” (USA Today [1], Friday)
Imagine how bad it would be without the “stimulus.”
FEE Timely Classic
“Wages, Unemployment, and Inflation” [2] by Ludwig von Mises
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/unemployment-reaches-85-percent/
URLs in this post:
[1] USA Today: http://www.usatoday.com/money/economy/2009-04-03-jobs_N.htm
[2] “Wages, Unemployment, and Inflation”: http://www.thefreemanonline.org/featured/wages-unemployment-and-inflation-2/
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