Assignment 1: News Article Review

Sample banner

0 / 5. 0

Assignment 1: News Article Review

Category: Article Review

Subcategory: Economics

Level: College

Pages: 1

Words: 275

News Article Review
Author’s Name
Institutional Affiliation

News Article Review
Article: Bloomberg
Title: Quicktake: Full Employment
Date: July 6, 2018
Author: Clive Crook
Page: n.pPublisher &, Copyright: Bloomberg
Web Address:
Summary of the Article
In this article, Clive Crook talks about the economic situation in the U.S. According to Crook (2018), the U.S. has been experiencing decreased unemployment rates since its economic recovery in 2009. As a result, the Federal Reserve is worried that if the level of employment continues to rise, the country may plunge into an inflation as employers will compete to recruit workers and increase wages. Between 2009 and 2017, cases of unemployment decreased by 6.6 million with the total employment increasing from 138 million to 155.6 million (Crook, 2018). Such a decrease has elicited different views from economists and the Fed, with some proposing that wage rates are more precise indicators of the labor market conditions than unemployment rates. Others also think that Fed should continue to increase the short-term interest rate of 2 percent while others propose that the Fed should remain patient as the official unemployment levels may fall further even before the inflation concerns are addressed.
How the Article relates to the learning outcomes
The article relates to unemployment and inflation. Moreover, the concept being discussed in the article relates to …

Free Assignment 1: News Article Review Essay Sample, Download Now

Don’t waste time!

Order Original Essay on the Similar Topic

Get an original paper on the same topic

from $10 per-page