Via truthout: Paul Krugman | Troubling Terms of Unemployment

Paul Krugman, Krugman & Co.: "Jargon has its uses, in economics and many other fields. After all, it would be difficult and also time-consuming to translate everything into plain language all the time. But, that said, sometimes jargon gets in the way of communication. This is clearly the case with the term 'structural unemployment,' which has been tossed around a lot lately by some economists and politicians in the United States. Unemployment that is primarily structural describes a mismatch between the skills workers have and the skills required for the jobs available - that is, unemployment that can't be cured by increasing demand for goods and services."

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