Inadequate demand — rather than mismatches between job requirements and skills — is the major reason for the elevated unemployment rate, an economist writes. But even as the jobless rate declines, skill requirements for good jobs will continue to rise.
Category: Great Recession
Job Growth Isn’t Just a Women’s Issue
Mitt Romney has noted that women’s jobs account for 92.3 percent of the net job loss since President Obama took office. But as a picture of the recession and its aftermath, that number is misleading.
Mean-Spirited, Bad Economics
Punishing the long-term unemployed by refusing to extend benefits is bad economics and cruel social policy, an economist writes.
Where the Job Growth Is: At the Low End
A report finds that the jobs lost in the recession were largely in the middle tier of wages, but most of the jobs created in the recovery have been low-wage positions.
Where the Jobs Were Lost
Higher-income people fared much better on the employment front during the recession than those in lower-paying jobs, an economist writes.
Yes, A Recovery Did Begin
The economy was in recovery in early 2010. But then the progress stopped.
Yes, a Recovery Did Begin
The economy was in recovery in early 2010. But then the progress stopped.
Jobless Rate Rises in 27 States
Nevada continued to have that highest jobless rate among the states in August, a month in which 27 states reported higher unemployment.
The Slog
The spring mini-boom is over, and there are no signs of it returning.
The Recovery Is Losing Steam
Private-sector job growth has slowed. The workweek also shrank in June, and wages fell.