Eugene Coyle wrote: > In the various adjustments to the unemployment rate, is the BLS or Leonhardt > or anyone else adding the couple of million in jail and prison to the > presently unemployed? The number incarcerated has soared since 1982.
no they aren't. Good point. If I remember correctly, Katz and Krueger (1999) argue that rising incarceration has lowered the amount of structural unemployment. (The High-Pressure U.S. Labor Market of the 1990s. Brookings Papers on Economic Activity. 1: 1-65.) -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
