Real GDP growth also leads to job creation, says Okun's Law, named after Arthur Okun, an economist in the Kennedy administration. But forecasters now predict increasing growth paired with increasing unemployment. Has Okun's Law broken down? The Federal Reserve Bank of Dallas explores some possible answers and explanations.
Breaking Okun's Law
https://www.futureofcapitalism.com/2009/06/breaking-okuns-law
by Editor | receive the latest by email: subscribe to the free futureofcapitalism.com mailing list