首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
As the new economy has cooled, there has Been a steady drumbeat of layoff announcements. More than 36,000 dotcom employees we
As the new economy has cooled, there has Been a steady drumbeat of layoff announcements. More than 36,000 dotcom employees we
admin
2010-07-06
55
问题
As the new economy has cooled, there has Been a steady drumbeat of layoff announcements. More than 36,000 dotcom employees were cut in the second half of last year, including some 10,000 last month. But th6 firings went well beyond dotcomland. There were more than 480,000 layoffs through November. General Motors is laying off 15,000 workers with the closing of Oldsmobile. Whirlpool is trimming 6,300 workers; Aetna is letting go 5,000.
The remarkable thing is that US unemployment has so far stayed strikingly low. While the NASDAQ plunged and growth trailed off last year, the unemployment rate fluctuated between 3.9% and 4.1%. That pales compared with the unemployment rates during Old Economy dark years like 1992 (7.5%) and 1982 (9.7%).
And it gives the lie to an Old Economy article of faith--that there was a "natural rate of unemployment below which the economy could not operate without spurring inflation". The supposed natural rate: just under 6%.
How to account for the strong jobs picture? In part it’s because of the tight labor market of the New Economy. Employers fought hard during the expansion to recruit and retain skilled workers. They are not looking to slash their payrolls unless they think a major recession is coming--because they know how much time and effort went into building their work forces.
There is also more worker "churning" going on. Employees are losing their jobs for economic reasons, but they’re generally finding new work quickly. The latest rite of the Internet world is the "pink-slip party" for those just let go. Dotcommers go to commiserate and often come away with new job offers. Job churning makes the economy more efficient: it directs workers to the positions where they are most useful. But it comes at some psychic cost to employees and weakens the social fabric. Workers who shift from job to job do not have the security, or form the same workplace bonds, which corporate long-timers did in the Old Economy.
What’s the natural rate of unemployment according to the Old Economy article of faith?
选项
A、Less than 3.9%.
B、More than 7.5%.
C、More than 9.7%.
D、Less than 6.0%.
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/TJDd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
EmployeesoftheTaffValeRailwayCompanyinSouthWalesgreasedthetracksandcuttelegraphwiresduringabitterstrikein1
EmployeesoftheTaffValeRailwayCompanyinSouthWalesgreasedthetracksandcuttelegraphwiresduringabitterstrikein1
HowhavetheoncereasonablypricedholidaysinEuropebecometoAmericans?Whatisthedollarintheworld’seconomyasmeasur
Manyphrasesusedtodescribemonetarypolicy,suchas"steeringtheeconomytoasoftlanding"or"atouchonthebrakes",make
Fromthepassagewecansee,theauthorisquite______withtheprospectoftheAsiaPacificEconomicCooperationforum.
Ofallthingsintheworld,Imostdislikefillingupforms.Infact,Ihaveapositivehorrorofit.Applyingforadrivinglic
Inafewweeks,nighschoolstudentsfacetheprospectoftakingthemuch-publicizednewSATReasoningTest,whichforthefirst
Amongthemostenduringofallhorrorsistheprospectofaslow,painfuldeath.Thosewhowitnesstheprotractedterminalillne
Amongthemostenduringofallhorrorsistheprospectofaslow,painfuldeath.Thosewhowitnesstheprotractedterminalillne
随机试题
按《公路工程施工监理规范》(JTGG10—2006)要求,驻地监理工程师应具备()等条件。
证券交易所会员应当向证券交易所履行定期报告义务,于每月前5个工作日内报送上月统计报表及风险控制指标监管报表。()
根据反垄断法制度的有关规定,行政机关滥用行政权力,实施限制竞争行为的。除法律、行政法规另有规定的,反垄断法机构可以采取的处理措施是()。(2010年试题)
读某地地质地形剖面图(图中l,2,3,4,5,6为地层编号,并表示地层由老到新),据此判断下题。若图中①处与②处的相对高度为5米。图中所示的沙丘为流动沙丘,为了治理沙漠化应该在何处种草植树最合适()。
乌申斯基指出,一般说来,儿童是依靠形式、颜色、声音和感觉来进行思维的。这说明教学中应贯彻()。
•Readthearticlebelowaboutinternationaltaxation.•Inmostofthelines41--52thereisoneextraword.Itiseithergramm
EveryoneremembersthewhitewashingsceneinTheAdventuresofTomSawyer.Buthowmanyrecallthescenethatprecedesit?Havin
TheNationalTrustinBritainplaysanincreasinglyimportantpartinthepreservationforpublicenjoymentofthebestthatis
Anewscholarlystudydocumentingthepoorhealthofsouthernmilitaryrecruits(新兵)hasbeenmuchreported.Theteamofresearcher
A、Thebeasts.B、Themosquitos.C、Thetallgrass.D、Theweather.B短文在结尾处指出,春天和夏天的时候,蚊子多到几乎能把你活吃了!现在,它们还没这么讨厌,但是你仍然需要使用驱蚊剂。由此可知,春夏
最新回复
(
0
)