1. Lower GDP (less production)
2. Lower tax revenue (less people working)
3. Increased transfer payments (unemployment insurance)
4. Emotional costs (the guy in Hawaii who recently blew away his office
colleagues because he lost his job)

> -----Original Message-----
> From: Jeff Dasovich [SMTP:jdasovic@enron.com]
> Sent: Wednesday, November 03, 1999 11:25 AM
> To: mendelso@haas.berkeley.edu
> Subject:
>
>
>
> i had sort of a hard time coming with "3 costs of unemployment."  didn't
> really find anything in the reading that addressed the costs of
> unemployment directly.  here's what i came up with:
>  << File: ATT259847.txt >>