I have a new column up over at the Breakthrough Institute in which I discuss two recent studies on US unemployment. In the column I try to answer the question, where did the jobs go?
Here is how it starts out:
US unemployment rates remain high and a major issue in the US presidential campaign. This post seek to explain with simple math where the jobs went as a first step in understanding how unemployment might be reduced. The math is simple, and it helps to show how most debate over economy and employment miss what actually matters most – and that is innovation policy.To read the rest, please head over there and feel free to comment/critique here or there!
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