Unemployment

Unemployment Rate Hides the Historically Low Employment Rate

April 26, 2017

Doug Henwood explains how employment relative to total population reveals a better image of employment than the unemployment rate. Using this measure, employment is nowhere near where it was before the Great Recession.

38% of American Workforce Still Jobless

October 2, 2015

UMass Amherst’s Richard Wolff discusses why labor force participation is the lowest since 1977 and what’s really needed to stimulate the economy

U.S. Workers Returning to Labor Force with Part-time Jobs and Stagnant Wages

March 8, 2015

Economist Richard Wolff discusses the latest unemployment figures and says the raising of interest rates by the Federal Reserve during a weak recovery would be disastrous for our heavily indebted society