Unemployment remains at an extremely high level and is projected to subside only slightly, to about 8%, by the end of 2012. This means that five years after the recession began, we would still face unemployment higher than the worst month of the prior two recessions. Yet, both parties seem to want to look the other way, talking about competitiveness and scaling back government, neither of which will help much to fill the current 11.4 million job shortfall.Lawrence Mishel, president of Economic Policy Institute, explained the path not being taken. The forum was moderated by Chris Farrell, chief economics correspondent for Minnesota Public Radio.
Lawrence Mishel, a nationally-recognized economist, is president of the Economic Policy Institute (EPI); a role he assumed in 2002. Dr. Mishel first joined EPI in 1987 as a research director. Dr. Mishel's primary research interests include labor markets and education. He has written extensively on wage and job quality trends in the United States. He co-edited a research volume on emerging labor market institutions for the National Bureau of Economic Research. He has also co-authored 11 editions of The State of Working America.
Dr. Mishel leads EPI's education research program. He has written extensively on charter schools, teacher pay and high school graduation rates. Dr. Mishel has testified before Congress on the importance of promoting policies that reduce inequality, improve the lives of American workers and their families, and strengthen the middle class. He also serves frequently as a commentator in the print, broadcast, and online media. Prior to joining EPI, Dr. Mishel held a number of research roles, including a fellowship at the U.S. Department of Labor. He also served as a faculty member at Cornell University's School of Industrial and Labor Relations. Dr. Mishel holds a Ph.D. in economics from the University of Wisconsin at Madison.
Chris Farrell is economics editor for Marketplace Money, American Public Media nationally syndicated public radio personal finance program. An award winning journalist, Chris is a regular contributor to Marketplace Morning Report. Chris regularly writes for Bloomberg BusinessWeek and he has a weekly column in the Star Tribune. The author of three books, his latest book is The New Frugality: How to Consume Less, Save More and Live Better.
Jacobs, Lawrence R.
Getting Americans Back to Work: Why We Need to Do it and How We Can.
Retrieved from the University of Minnesota Digital Conservancy,
Content distributed via the University of Minnesota's Digital Conservancy may be subject to additional license and use restrictions applied by the depositor.