Big Problem: Millions of Americans Have Quit Looking for a Job
The National Interest -

Michael Klein

Economics, Americas

How do we fix it?

The latest jobs report showed a lackluster gain in jobs in May that was worse than economists had predicted.

While the sudden slowdown in jobs growth after many months of strong numbers is worrying and signals a weakening economy, a more long-term concern is the persistently low labor force participation rate that has not recovered in the decade since the onset of the Great Recession.

I’ve been studying labor market issues for over much of my...

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