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Horowitz And Gatsby Summary

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Horowitz and Fitzgerald discuss the United States’ unemployment rates for the month of September and why this number is not truly accurate. They anticipate what will happen when the unemployment rates for October gets released. Unemployment rates do not take into account what Horowitz and Fitzgerald label as “hidden unemployment”. Those who are hidden are the workers who are not actively seeking work because they are discouraged, or workers who are working a part time job when they wish to work a full time job. After the Great Recession of 2007-2009, little improvement has been made to the economy. The Federal Reserve has been put under pressure to act in order to fix interest rates and stop inflation. The U6 was written about to point out

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