综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Economists urge caution in debate over stagnation

(Agencies) Updated: 2015-01-07 13:12

There is "growing evidence of socioeconomic decay" as the US economy struggles, Gordon said, pointing to the rise in the prison population and "the enormous increase in the number of children born outside of wedlock".

He said that the US economy will be held back by slow growth both of productivity and the labor force.

"The fruits of the third industrial revolution" in information technology "may be coming to an end", said Gordon, who is a member of the economic panel that dates the start and finish of US recessions.

The productivity of non-farm business workers has risen an average 1 percent per year since the start of 2010, less than half the rate over the past 15 years, according to data from the Labor Department in Washington.

There has certainly been secular stagnation when it comes to the average, inflation-adjusted earnings of households, which have been essentially flat since around 2000, Robert Hall of Stanford University in California told the conference.

Hall, who heads the recession-dating panel of the National Bureau of Economic Research, highlighted the drop in labor-force participation and said much of the decline has occurred in upper-income households.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
鸡泽县| 锡林浩特市| 阿克苏市| 滁州市| 苗栗市| 门头沟区| 黔江区| 鄂伦春自治旗| 宜都市| 石门县| 澎湖县| 江山市| 麻栗坡县| 平邑县| 乐昌市| 广水市| 花莲县| 弥渡县| 衡水市| 丰都县| 伊金霍洛旗| 依兰县| 光山县| 新竹县| 石门县| 泸定县| 托克托县| 城步| 阜新| 武隆县| 蓝山县| 金乡县| 和田县| 沭阳县| 开封县| 武定县| 西充县| 贵阳市| 霍林郭勒市| 渑池县| 鱼台县|