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Bivens, Josh – Economic Policy Institute, 2010
A misplaced obsession with the size of federal budget deficits remains the single biggest obstacle to enacting new measures to create jobs on a scale commensurate with the crisis in the American labor market. Even assuming that budget scoring rules can't be changed, at the very least policy makers should be aware of the true impact a given piece…
Descriptors: Federal Aid, Labor Market, Job Development, Federal Legislation
Shierholz, Heidi; Edwards, Kathryn Anne – Economic Policy Institute, 2011
The Great Recession left a crater in the labor market that has been devastating for unemployed Americans of all ages. After more than two years of unemployment at well over 8%, there is a hole of more than 11 million jobs, with average spells of unemployment lasting nearly nine months. The weak labor market has been particularly tough on young…
Descriptors: College Graduates, Employment Patterns, Public Policy, Labor Market