The safety-net programs in the federal stimulus that helped fight the recession came at a cost of weakening incentives to work or hire, an economist writes.
Category: Today’s Economist
Our Dis-Integrated Economy
Outsourcing continues to grow and hampers job creation in the United States, an economist writes.
Structural Unemployment and Good Jobs
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.
Mean-Spirited, Bad Economics
Punishing the long-term unemployed by refusing to extend benefits is bad economics and cruel social policy, an economist writes.