{"id":8381,"date":"2018-05-21T18:18:27","date_gmt":"2018-05-21T18:18:27","guid":{"rendered":"http:\/\/www.augsburg.edu\/news\/?p=8381"},"modified":"2018-05-21T18:18:27","modified_gmt":"2018-05-21T18:18:27","slug":"8381","status":"publish","type":"post","link":"https:\/\/www.augsburg.edu\/news\/2018\/05\/21\/8381\/","title":{"rendered":"Economics prof. Keith Gilsdorf interviewed by Kare 11 about low unemployment rate"},"content":{"rendered":"<p><a href=\"http:\/\/www.augsburg.edu\/news\/wp-content\/uploads\/sites\/29\/2018\/05\/Screen-Shot-2018-05-16-at-1.53.02-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-8382 alignright\" src=\"http:\/\/www.augsburg.edu\/news\/wp-content\/uploads\/sites\/29\/2018\/05\/Screen-Shot-2018-05-16-at-1.53.02-PM-300x169.png\" alt=\"Professor Keith Gilsdorf on Kare 11\" width=\"257\" height=\"145\" srcset=\"https:\/\/www.augsburg.edu\/news\/wp-content\/uploads\/sites\/29\/2018\/05\/Screen-Shot-2018-05-16-at-1.53.02-PM-300x169.png 300w, https:\/\/www.augsburg.edu\/news\/wp-content\/uploads\/sites\/29\/2018\/05\/Screen-Shot-2018-05-16-at-1.53.02-PM.png 745w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a>Cory Hepola from Kare 11 spoke\u00a0with Augsburg economics professor Keith Gilsdorf to discuss the country&#8217;s current unemployment rate, which is the lowest it has been since 2000. Unemployment topped out at 10 percent in October 2009, and ever since it has been on a steady decline.<\/p>\n<p>&#8220;I don&#8217;t think that you can think of it as a permanent kind of place where the economy is going to continue that for a long period of time,&#8221; \u00a0Gilsdorf said. &#8220;It&#8217;s a tight labor market and there&#8217;s going to be pressure for employers to try to attract workers to their business, and at some point they&#8217;re going to have to offer higher pay.&#8221;<\/p>\n<p>Watch full report on the <a href=\"https:\/\/www.kare11.com\/article\/news\/explaining-the-unemployment-rate-drop\/89-548939473\">Kare 11 website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cory Hepola from Kare 11 spoke\u00a0with Augsburg economics professor Keith Gilsdorf to discuss the country&#8217;s current unemployment rate, which is the lowest it has been since 2000. Unemployment topped out at 10 percent in October 2009, and ever since it has been on a steady decline. &#8220;I don&#8217;t think that you can think of it &#8230;<\/p>\n","protected":false},"author":359,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6],"tags":[],"class_list":["post-8381","post","type-post","status-publish","format-standard","hentry","category-faculty","category-in-the-news"],"_links":{"self":[{"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/posts\/8381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/users\/359"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/comments?post=8381"}],"version-history":[{"count":5,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/posts\/8381\/revisions"}],"predecessor-version":[{"id":8397,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/posts\/8381\/revisions\/8397"}],"wp:attachment":[{"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/media?parent=8381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/categories?post=8381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augsburg.edu\/news\/wp-json\/wp\/v2\/tags?post=8381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}