An aggrieved billionaire this week lamented that workers had grown lazy and "arrogant" during the coronavirus pandemic and that many of them needed to be made unemployed for the situation to improve.The Australian Financial Review reports that Tim Gurner, the founder and CEO of the Gurner Group, exp...
If unemployment is 10%, then the actual amount of people who aren’t employed anywhere is 50%. Because the laborforce participation rate is only 60% of the population.