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Article Artículo

Economic Growth

Workers

Can You Find the Structural Unemployment?
The Washington Post told readers that the economy’s problem is not a lack of jobs, but rather that workers don’t have the right skills for the jobs that are available. This is known as structural unemployment, a situation where there is a mismatch between the available jobs and the skills of the workers who need jobs.

There are some simple implications of the existence of a problem of widespread structural unemployment. We are asking about a widespread problem because we are trying to find an explanation for 15 million people being unemployed. They are always narrow niches of the labor market where employers may find it difficult to find workers with the right skills. However, you cannot re-employ 15 million people in these narrow niches.

Dean Baker / February 02, 2011

Article Artículo

Congressional Black Caucus Statement on Elections
The Congressional Black Caucus (CBC) Task Force on Foreign Policy and International Affairs has called on the US administration and the international community to support new elections in Haiti and states that, "the will of the people of Haiti was not, i

CEPR / February 01, 2011

Article Artículo

Hillary Clinton Calls For "Free, Fair, and Credible Elections"
On Sunday, Hillary Clinton, speaking with Bob Schieffer of CBS's Face the Nation urged Egypt's authoritarian ruler, Hosni Mubarak, to begin the process for "free, fair, and credible elections." Protestors have taken to the streets for over a week calling

CEPR / February 01, 2011