Tuesday, May 15, 2012

JOBS - Unemployment as a Human Disaster

"Unemployment: Addressing a Worsening 'Human Disaster' in U.S." PBS Newshour 5/14/2012

Excerpt

JEFFREY BROWN (Newshour): ....., an unfolding national emergency of long-term unemployment.

According to Labor Bureau statistics, some five million Americans have been looking for work for more than six months, a percentage of the overall work force that's grown dramatically in the last several years.

Two Washington policy economists came together in an op-ed in yesterday's New York Times that called the problem a human disaster. What made that piece especially interesting is that the two normally come from opposite ends of the spectrum.

Dean Baker is co-director of the liberal Center for Economic and Policy Research. Kevin Hassett is director of economic policy studies at the conservative American Enterprise Institute and an adviser to the Romney campaign, but the op-ed piece wasn't connected to the campaign.



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