Student Debt + Stagnant Real Wages = Colleges Need to Focus On Student Success

Today's post is an excerpt of something I wrote for another site.  This year, in addition to my teaching duties at the college, I'm leading a project to update our college strategic plan.  As part of that project I'm writing and editing a series of "briefing papers" (long blog posts, actually) about issues of strategic … Continue reading Student Debt + Stagnant Real Wages = Colleges Need to Focus On Student Success

Rick Snyder Advocates Government Planning to Fix the Labor Market

In recent posts here, here, and here, I've been discussing structural vs. cyclical unemployment.  In particular I've observed how those who are opposed to government stimulus efforts, either broad-based tax cuts or spending, are desperate to assert that our unemployment is a structural problem and not cyclical.  Yesterday's post about a story in the Wall … Continue reading Rick Snyder Advocates Government Planning to Fix the Labor Market

Below Market Wages Belies Claims of Structural Unemployment

Continuing what has turned into a short series on unemployment and structural unemployment in particular (see Monday and yesterday's posts), let us look at some of the claims that structural unemployment. First up, Brad Delong points us to Kevin Drum who tells the following story: Kevin Drum: Skilled Jobs Go Begging? Not Quite: The Wall … Continue reading Below Market Wages Belies Claims of Structural Unemployment

Fixes for Unemployment Depend on Whether It’s Cyclical (It Is) or Structural (It Isn’t)

Yesterday I recapped the November employment report. The employment picture remains grim.  The workers depression continues. As my favorite graph from Calculated Risk shows here, regardless of what happens to the unemployment rate, our recovery from the jobs lost in the recession is incredibly slow.  At the pace we have been on for the last … Continue reading Fixes for Unemployment Depend on Whether It’s Cyclical (It Is) or Structural (It Isn’t)

November Employment and Revised 3rd Qtr 2011 GDP

I'm a few days late but I wanted to note the latest employment (jobs) report and the first revision to 3rd quarter GDP.  There's really not much news here - it's the same old story. The economy continues to move along somewhat like  a zombie.  Not really dead, but definitely not anything you could call … Continue reading November Employment and Revised 3rd Qtr 2011 GDP