Authors:

  • Lawrence Katz

Excerpt

America's Job Challenges and the Continuing Role of the U.S. Department of Labor. Lawrence Katz, March 2013, Paper. "The Great Recession and its aftermath has been a particularly trying period for American workers and their families. Employment collapsed in 2008-9 in the wake of the financial crisis with the unemployment rate more than doubling from 2007 to 2009 and peaking at 10.0 percent in October 2009. Four years into an economic recovery, the unemployment rate remains abnormally high and long-term joblessness a major problem. The employment crisis has exacerbated longer-term U.S. labor market trends of rising..."  Link verified March 28, 2014