Would Active Labor Market Policies Help

  • Jun Nie, Ethan Struby
  • Published 2011

Abstract

Two years after the end of the 2007-09 recession, the unemployment rate in the United States remains above 9 percent— roughly double its pre-recession level. This elevated level of unemployment has a cyclical and a structural component. The cyclical component reflects weakness in the demand for goods and services, which makes employers reluctant to expand… (More)

4 Figures and Tables