Full Employment: How Can We Get There and Stay There? Why Does It Matter?
The Full Employment Project hosts an event today featuring a keynote speech by former Federal Reserve Board Chairman Ben Bernanke and a discussion of leading economists about policies that can help restore and maintain full employment.
In conjunction with this event, the Center released five papers by economists on how to start the nation on a path back to full employment:
- Book Summary: The Reconnection Agenda: Reuniting Growth and Prosperity
By Jared Bernstein
- Strategies for Full Employment Through Reform of the Criminal Justice System
By Maurice Emsellem and Jason Ziedenberg
- The Impact of Full Employment on African American Employment and Wages
By Valerie R. Wilson
- Monetary Policy for a High-Pressure Economy
By Laurence Ball
- Labor Market Slack and Monetary Policy
By David G. Blanchflower and Andrew T. Levin
A recession is a significant decline in the size of the U.S. economy lasting more than a few months, normally visible in a variety of economic indicators. Economic stimulus policies aim to avert a recession or lessen its severity by boosting the economy in the short term. The unemployment insurance system helps people who have lost their jobs by temporarily replacing part of their wages, typically for up to 26 weeks.
- The Legacy of the Great Recession
Paul Van de Water
The Center examines the impact of changes in the economy on federal and state budgets, as well as the likely effectiveness of economic stimulus proposals. We also examine trends in employment and promote reforms to strengthen the unemployment insurance system.
Updated March 30, 2015
Updated March 27, 2015
Updated March 18, 2015
March 6, 2015
Difference Between Economic Growth Rates and Treasury Interest Rates Significantly Affects Long-Term Budget Outlook
February 27, 2015
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