On squaring the circle
On squaring the circle
I realize that by the time I sent The Jakarta Post the revised
version of my article entitled On unemployment: Squaring the
circle II (the Post, Dec. 4, page 7) it was not possible to
accommodate the changes.
Since it could be confusing and misleading, I feel that the
mistakes should be clarified/corrected.
Here's the correction to Paragraph 2 of the article: "Open
unemployment, defined as ..." should read as follows: "Open
unemployment, defined as consisting of those who are currently
not working and are actively seeking a job, is in fact rather
small."
Para 4: "The relative numbers of ..." should read as follows:
"The relative numbers of open and disguised unemployment (those
working under 35 hours a week) illustrate the dimensions of the
problem."
I apologize for the mistakes and the inconvenience caused.
SATISH MISHRA, United Nations, Support Facility for
Indonesian Recovery, Jakarta