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 mediaservices@aei.org or 202.862.5829 for help reaching a scholar.

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About the Author

 

Michael R.
Strain
  • Michael R. Strain is a resident scholar at the American Enterprise Institute, where he studies labor economics, public finance, and applied microeconomics. His research has been published in peer-reviewed academic journals and in the policy journals Tax Notes and National Affairs. Dr. Strain also writes frequently for popular audiences on topics including labor market policy, jobs, minimum wages, federal tax and budget policy, and the Affordable Care Act, among others.  His essays and op-eds have been published by National Review, The New York Times, The Weekly Standard, The Atlantic, Forbes, Bloomberg View, and a variety of other outlets. He is frequently interviewed by major media outlets, and speaks often on college campuses. Before joining AEI he worked on the research team of the Longitudinal Employer-Household Dynamics program and was the manager of the New York Census Research Data Center, both at the U.S. Census Bureau.  Dr. Strain began his career in the macroeconomics research group of the Federal Reserve Bank of New York.  He is a graduate of Marquette University, and holds an M.A. from New York University and a Ph.D. from Cornell.


    Follow Michael R. Strain on Twitter

  • Phone: 202-862-4884
    Email: michael.strain@aei.org
  • Assistant Info

    Name: Regan Kuchan
    Phone: 202-862-5903
    Email: regan.kuchan@aei.org

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