A new jobs agenda for the US & the May jobs report

"Looking at the big picture, the labor market remains badly damaged by the Great Recession, and represents the most important public policy challenge facing the country today. The employed share of the working-age population has been essentially flat since the recovery officially began several years ago – it is not returning to its pre-crisis level. But there are things we can do." – Michael Strain, AEI

Tomorrow, the Bureau of Labor Statistics will release the May unemployment report. But as this chart of the civilian employment-population ratio shows, in the aftermath of the Great Recession something must be done to return the US labor market to pre-crisis levels.

So what can be done? In an article in National Review, AEI economist Michael Strain lays out a new jobs agenda. He explains how the government can play an active, but limited role, by promoting work-sharing, making relocation easier, incentivizing employment by offering an Unemployment Insurance lump-sum to unemployed workers who get a job, promoting skilled immigration, and more.

Michael Strain and several other AEI economists are available to comment on the jobs numbers both before and after their release. Please contact [email protected] or 202.862.5829 for help reaching a scholar.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Michael R.
Strain

What's new on AEI

In year four of Dodd-Frank, over-regulation is getting old
image Halbig v. Burwell: A stunning rebuke of a lawless and reckless administration
image Beware all the retirement 'crisis' reports
image Cut people or change how they're paid
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Event Registration is Closed
Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.