- Aug 3, 2012
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- US-Democrat
Do we have an infinite number of jobs available for all the people that y'all want to come here?
No, we don't, but we somehow manage to make more jobs every quarter in response to the people that do come here and who are born here.
Because >0% unemployment is a policy goal of the federal reserve as part of a tradeoff between unemployment and inflation. If we had 0% unemployment, we'd probably have very high inflation since the demand for workers would cause their wages to rise a lot.If we do why do we have unemployment now?
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