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Unemployment




  EC4004 Lecture 7
   Stephen Kinsella
www.stephenkinsella.net
Today



1. Recap
2. Capacity Utilisation
3. Unemployment
Unemployment
Ireland’s Employment Rate, 1997-2006
[Route] 66 is the path of a people in flight,
 refugees from dust and shrinking land, from the
 thunder of tractors and invasion, from the
 twisting winds that howl up out of Texas, from
 floods that bring no richness to the land and
 steal what little richness is there.
––John Steinback, The Grapes of Wrath, Chapter 12, pg. 150
On the highways the people moved like
ants and searched for work, for food. And
the anger began to ferment.
––Grapes of Wrath, Chapter 21, pg. 363
Equilibrium
EC4004 Lectures 7 and 8 Unemployment
EC4004 Lectures 7 and 8 Unemployment
EC4004 Lectures 7 and 8 Unemployment
EC4004 Lectures 7 and 8 Unemployment
EC4004 Lectures 7 and 8 Unemployment

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EC4004 Lectures 7 and 8 Unemployment

  • 1. Unemployment EC4004 Lecture 7 Stephen Kinsella www.stephenkinsella.net
  • 2. Today 1. Recap 2. Capacity Utilisation 3. Unemployment
  • 5. [Route] 66 is the path of a people in flight, refugees from dust and shrinking land, from the thunder of tractors and invasion, from the twisting winds that howl up out of Texas, from floods that bring no richness to the land and steal what little richness is there. ––John Steinback, The Grapes of Wrath, Chapter 12, pg. 150
  • 6. On the highways the people moved like ants and searched for work, for food. And the anger began to ferment. ––Grapes of Wrath, Chapter 21, pg. 363