Unemployment Is About to Fall a Lot Faster than Predicted
Harvard Business Review
MAY 29, 2014
The typical trend in economic recoveries is driven by a process known as “ cyclical upgrading ,” where employment transfers to high-paying industries during booms and low wage jobs during recessions. by July 2015 in our most conservative scenario (data and methodology are available at www.DandB.com/unemployment_methodology ).
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