Unemployment-International

https://interestingengineering.com/innovation/new-field-study-finds-ai-will-not-put-people-out-of-work

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Economists use models to simplify concepts and explanations. In the elaborate world in which we live, this helps to penetrate on the key issues at hand. Last week, Paul Krugman, the Nobel Prize winning economist in his column in the New York Times, used the W. Arthur Lewis model of the economy to explain the…

(CNN) — The recession in Europe is entering its fifth year and unemployment doesn’t look like it will be returning to normal levels anytime soon.

BRUSSELS – European unemployment has hit an unacceptable high, as one national leader put it on Tuesday, with dire figures in Spain highlighting a growing north-south divide that experts warn will only get worse.

PARIS – The unemployment rate in advanced countries edged up to 8.0 percent in July from 7.9 percent in June, with young people in the front line of the jobless queues, the OECD said on Tuesday. This meant that in the OECD area, 47.9 million people were ranked as unemployed, an increase of 13.1 million…