What is the cause of the high unemployment rate

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Debate on Causes of Joblessness Grows

What is the cause of the high unemployment rate? One side says there is not enough government spending. The other says it's a structural problem--people who can't move to take new jobs because they are tied down to burdensome mortgages or firms that can't find workers with the requisite skills to fill job openings.

Which business cycle theory would say that most of the unemployment is cyclical? WHich would say it is an increase in the natural rate? WHy?

Reference no: EM131109562

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