Factory Man

How did journalist, Tom Friedman, describe unemployment as noted in the biography, Factory Man?

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Tom Friedman, a famed journalist and proponent of globalization, wrote in his book The World Is Flat, “When you lose your job, the unemployment rate is not 5.2 percent; it’s 100 percent.” Friedman was just one of many economists and high-profile experts who advocated globalization. However, Friedman did acknowledge its downside.

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Factory Man