Subject: No Such Thing as "Natural Unemployment"
Date: Sun, 22 May 2011 07:14:51 -0400
Re: Jobs Harder to Find as Natural Unemployment Shifts
There is no such thing as "natural unemployment". Government interventions and union coercion create "artificial unemployment" by denying all to work at the price that they and their potential employers would agree. The only true scarcity is the scarcity of labor.