That so long as a state of general unemployment prevails, in the sense that unused resources of all kinds exist, monetary expansion can be only beneficial, few people will deny.
But such a state of general unemployment is something rather exceptional, and it is by no means evident that a policy which will be beneficial in such a state will also always and necessarily be so in the kind of intermediate position in which an economic system finds itself most of the time, when significant unemployment is confined to certain industries, occupations, or localities.
Positive discrimination is also partly to blame for the general rise in unemployment since 1994.
Of a system in a general state of unemployment it is roughly true that employment will fluctuate in proportion with money income, and that if we succeed in increasing money income we shall also in the same proportion increase employment.
It was preceded by the so-called New Era, a time of low unemployment when general prosperity masked vast disparities in income.
In addition, they anticipate that expenditures on repair and remodel activity will be challenged in the second half of 2010 and expect that big-ticket items will continue to be deferred, in the short-term, until general economic conditions, unemployment, consumer confidence, credit availability and home prices improve.
ATHENS Tens of thousands of demonstrators took to the streets of the Greek capital as the country's two biggest unions staged a 24-hour general strike to protest record unemployment and continuing austerity measures the government has promised its international creditors.
Given the general relationship between economic growth and unemployment, such a fall in output implies a loss of more than 800, 000 jobs.
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But if you were a general, with your lifelong colleagues facing unemployment, wouldn't you play one politician off against the other?
But its murderous feud with authority has helped to create a general atmosphere of lawlessness, fed by unemployment which is unlikely to ease as long as might-be investors see the city as ridden by crime.
With a general election due in September 1998 and unemployment still at a record 11%, the prospect looms of Europe's richest country being run for a year by a floundering government and then giving way to a centre-left alternative even less eager to bring in the reforms so necessary to turn the country round.
This makes the news on Scottish unemployment particularly disappointing, but the general picture for the economy remains healthy.
So what we know about -- even though there were many at the time in the Republican Party, including some of those who are now leaders of the Republican Party, who predicted with absolute confidence that passage of the Clinton budget in 1993 would lead to massive unemployment and economic recession, and general decline of America -- what we saw was the opposite.
At a time when America is faced with a crippling unemployment crisis, increased poverty, and general economic malaise, PNTR with Russia is about as much of a no-brainer as is possible to imagine.
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The best and the brightest economists, politicians and central bankers promised such flexibility would give them the power they needed to increase the general prosperity by mitigating the business cycle, keeping unemployment low, and improving the trade balance.
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Many analysts have questioned why unemployment has not been higher, given the general weakness of the economy.
In general, there is too much debt, too much unemployment and too many houses available for sale in the U.S. right now.
In general, while companies raised wages in response the low unemployment in the 1990s, they partly compensated by cutting back on pension contributions and health care payments.
UN's secretary-general, Kofi Annan, has said that the economy (unemployment stands at 55%) and security are the two main problems.
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This is partly prompted by fears of growing unemployment, yet it also seems to reflect a general waning of revolutionary stridency.
The percentage mentioning the economy in general is up significantly from 26% in April, while unemployment is up just slightly from 19%.
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Just wait and see, they asked the general public, telling them that as time passes, both unemployment and output would move back to levels at or around those consistent with their dual mandate of price stability and maximum employment.
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Unemployment runs especially high for young veterans, compared to the general population.
Dave Prentis, general secretary of the public service trade union Unison, blamed the increase in unemployment on the government's public sector spending cuts.
Jay Nixon, the Democratic nominee and Missouri's well-known attorney-general, has hammered Republicans for cutting Medicaid enrolment and letting the state's unemployment rate rise to a 17-year high.
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U.S. stocks in general traded higher on Thursday after a batch of uplifting economic data flashed encouraging signs on unemployment and economic growth.
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In general, however, it makes more sense to pay companies to keep people in work than to subsidise unemployment.
"Many young people now experience long-term unemployment right from the start of their labor market entry, " said Guy Ryder, ILO Director-General, during a presentation of the report's findings.
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