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Jobs: Permanently Gone? How to Reverse the Trend?

Tue, 08/24/2010 - 08:43 — Dave Culver
Section(s): 
Labor
  • Andy Driscoll and Lynnell Mickelsen  talk about the reality behind the recession, job losses and permanent low wages, and how to even out the economy with portions of a talk by Economist Dean Baker to the annual meeting of the JobsNow Coalition and a talk with local jobs and economic policy advocates.
  • The jobs emergency

Andy Driscoll, Truth to Tell, KFAI-FM

Labor Day approaches - an ironic icon of the core human need to work, to produce, to contribute to one's wellbeing, one's family and one's community in a time of job scarcity. The nation's lingering economic mess is having mixed results in Minnesota with respect to jobs and the highly touted "recovery." Most economists are saying, "What recovery?" Job creation, not wealth creation, should be our main priority at every level of public and private sector business. But, where could they possibly come from?

Economist Dean Baker reminds us that it's not simply pessimistic to believe joblessness will remain high through 2017, 2018; the facts ensure it. (Dean Baker's complete talk along the follow-up Q&A at the JobsNow Coalition's Annual Meeting will be heard on Labor Day. In it, Baker also suggests a revenue stream that seems so simple, it's being pooh-pooh-ed by Washington as an investment killer. Is it? Listen in on Labor Day.

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Related:

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The jobs emergency, Robert Reich, Robert Reich

  • Twelve thousand new jobs in July -- when 125,000 are needed monthly just to keep up with population growth, when more than 15 million Americans are out of work, and when more than a half-million more state and local jobs are on the chopping block.
  • Predictably, Washington's latest rescue effort falls woefully short
  • U.S. Experiencing Worst Episode of Prolonged Unemployment Since Great Depression
  • An aid package to the states to prevent layoffs was funded by cutting the federal food stamp program.

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