Unemployment

In many AP Macroeconomics courses, there is an opportunity to look at unemployment. And one of the discussions revolves around the level of unemployment benefits and the duration of benefits. There is a very good article in yesterday’s (Friday, May 28, 2010) edition of The Wall Street Journal (free at this writing). (If it changes, try putting the article title in your browser.)

The article is about the United Kingdom’s budget problems, and how various support benefits, including unemployment, may be part of the solution. I recommend it.