The economy has lost 8 million jobs since the beginning of the recession. But because the population is growing, we need to create over 9.6 million jobs. Due to severe job loss and steady population growth, the unemployment rate has soared to 9.8%, nearly as high as during the early 1980s.
THE JOBS DEFICIT
The Challenge Of Putting America Back To Work
TUESDAY, OCTOBER 20, 2009
12:00 P.M.
THE MAYFLOWER HOTEL
WASHINGTON, D.C.
KEYNOTE SPEECH
JARED BERNSTEIN
Chief Economist And Economic Policy Advisor To The Vice President
TO DOWNLOAD THE POWERPOINT SLIDES FOR THIS SPEECH, CLICK HERE.
According to official statistics, the unemployment rate in the United States is now 9.8 percent. But those statistics understate the severity of the jobs crisis. The official statistics do not include the 875,000 Americans who have given up looking for work, even though they want jobs. When these "marginally attached" workers and part-time workers are added to the officially unemployed, the result, according to another, broader governement measure of unemployment known as "U-6," is shocking. The United States has an… more
What the Government Can Do to Better Promote Job Creation
by Timothy J. Bartik
Jobs: What Can We Do?
by James K. Galbraith
The Time Has Come for Direct Job Creation
by L. Randall Wray
More than one in six working Americans is now unemployed or underemployed, with more job losses yet to come. At this Oct. 20 event, some of America's leading policymakers and economic thinkers gathered to discuss how public policy should respond to this unprecedented unemployment crisis.
Drive too fast along
Red Lion Road, beside Philadelphia's Northeast Airport, and you will
miss the low-rise cement building where the biotech company MedImmune
has been quietly pumping out swine flu vaccine at about a million doses
a week. Through the summer and fall, workers wearing protective gear
that covered them from head to toe brewed up batches of live,
genetically modified flu virus. Robots then injected tiny doses of
virus-laden fluid into glass vials, which were mounted into nasal
spritzers, labeled, and readied for shipment at the… more
On October 15, 2009, Senator Byron Dorgan of North Dakota discussed
the requirements for financial sector reform at a conference co-hosted with the
Washington Monthly. In a 1994
Washington Monthly cover story,
Shannon Brownlee and Jeanne Lenzer, the authors of the November 2009 story "Does the Vaccine Matter?", answer questions about H1N1 diagnosis and immunity. ... Original Article
Those were themes revisited by several speakers
Monday, including Phillip Longman, a senior research fellow for the New America Foundation, which describes itself as
"a nonprofit, nonpartisan public policy institute." ... Original Article
President
Obama's Nobel Peace Prize has been justified by some because it draws
attention to the goal he endorses of ridding the world of nuclear
weapons. I share that goal, but not because nuclear weapons are
uniquely horrible -- if you're a victim, it makes little difference
whether you're killed or maimed by nuclear weapons or conventional
weapons, which sometimes can create lingering illnesses and poison the
landscape, too. I support the abolition of nuclear weapons because, if
it were successful, it would lock in the advantages of… more
