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Do I have a job for you: Solving the nation’s double-digit unemployment rate

Even as analysts proclaim that the country is pulling out of its recession, the unemployment rate continues to rise; and in some states, such as Michigan and California, it’s reaching obscene levels. Political heat is coming fast and furious at President Obama for failing to curtail the loss of jobs, and while his Administration is taking steps to address job losses it is not asking for new legislation from Congress. Democrats in Congress, meanwhile, are itching to cobble together a new job-creation bill. What’s the best way to encourage hiring in the U.S.?

Guest:

Jared Bernstein, Chief Economist to Vice President Biden and Executive Director of the Middle Class Task Force

Congresswoman Judy Chu, (D-CA-32), She is a member of the Democratic Caucus’ Congressional Task Force on Job Creation

Sylvia Allegretto PhD, Economist, Institute for Research on Labor & Employment, University California, Berkeley