September 3, 2010

How to Reduce Unemployment in Half

Douglas McIntyre, Yahoo

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Fri, Sep 3, 2010, 3:06PM EDT - U.S. Markets close in 54 mins.

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24/7 Wall St. looked at 10 possible solutions that could decrease unemployment to the 5% level that most economists think is healthy and normal for an expanding economy.

None of these plans are new, but some of them have not been used in America for decades, and others have only been used by other nations. There are few complex aspects to any of these solutions, although most of them would require an organization as large as the federal government to administer them. And some of these proposals would be unpopular with voters, at least those who are employed. More from 24/7 Wall St.: • Sudden Excitement in Jobs & Staffing Companies• Too Many Cell Phone Companies Expect Huge Unit...

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TAGGED: Douglas McIntyre, unemployment

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