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

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 20
    MON
  • 21
    TUE
  • 22
    WED
  • 23
    THU
  • 24
    FRI
Monday, October 20, 2014 | 2:00 p.m. – 3:30 p.m.
Warfare beneath the waves: The undersea domain in Asia

We welcome you to join us for a panel discussion of the undersea military competition occurring in Asia and what it means for the United States and its allies.

Tuesday, October 21, 2014 | 8:30 a.m. – 10:00 a.m.
AEI Election Watch 2014: What will happen and why it matters

AEI’s Election Watch is back! Please join us for two sessions of the longest-running election program in Washington, DC. 

Wednesday, October 22, 2014 | 1:00 p.m. – 2:30 p.m.
What now for the Common Core?

We welcome you to join us at AEI for a discussion of what’s next for the Common Core.

Event Registration is Closed
Thursday, October 23, 2014 | 10:00 a.m. – 11:00 a.m.
Brazil’s presidential election: Real challenges, real choices

Please join AEI for a discussion examining each candidate’s platform and prospects for victory and the impact that a possible shift toward free-market policies in Brazil might have on South America as a whole.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.