Mises Wire
Author:
Frank Shostak
Online Publish Date:
The US unemployment rate stood at 4.3% in July against 4.4% in the month before. The number of unemployed stood at 6.981 million – an increase of 4,000 from June. A relatively low unemployment rate is considered by most experts as an important factor for economic growth. This way of thinking based on the view that a reduction in the number of