
Scott Lincicome on China
Scott excerpted an article from The Economist a few weeks ago about the increase in unemployment among 16-24 year olds in China. Continue Reading →
Scott excerpted an article from The Economist a few weeks ago about the increase in unemployment among 16-24 year olds in China. Continue Reading →
6.4 million people left the labor force. These are true “discouraged workers.” And no wonder. At every turn we are bombarded with bad news about COVID-19. Continue Reading →
The average duration of unemployment in 2014 is still higher than it was in 2010. I’ve written a great deal over the years about the decrease in the labor force participation rate and its implications for the U.S. economy. But, frankly, this took me by surprise. Anyone who still thinks the U.S. economic “recovery” is real should check their privilege. Continue Reading →
In other words, monetary policy is more effective when an overheated economy needs cooling off. Expansionary policy, on the other hand, is not quite so effective. Continue Reading →
The Great Recession has had dreadful consequences for younger workers. The U.S. is on the verge of losing a generation of young adults who simply cannot find work and have given up looking. Continue Reading →