We're at a point in the cycle where companies look at 9% unemployment and think they must be able to find the perfect match for the job, so they're slow and deliberate about hiring.
我们正处在循环的某一点上,公司看到9%的失业率,认为他们一定能找到适合这份工作的完美人选,所以他们故意放慢了招聘的步伐。
A 1994 paper by Mortensen and Pissarides, which builds on work by Diamond, showed how sharp rises in unemployment can cause a negative, self-reinforcing cycle to set in.
1994年莫特森和皮萨里·德斯在戴蒙德工作的基础上发表了一篇文章,此文章揭示了当失业率增长速度为多快时会引起一个负面的,能够自我强化的循环圈的发生。
The decline in unemployment that would result from a fiscal stimulus could boost confidence, said Shiller, and create a "strong" self-reinforcing cycle of more spending and hiring.
失业率的下降所带来的财政问题能增强信心,Shiller说,并且建立一个“强大”的需要更多开销和雇佣的自我加强的周期。
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