162,000 new jobs can’t be a bad thing, right? The hidden (negative) meanings behind the March jobs report
President Obama talks about the jobs report in Charlotte, NC
While U.S. employers added 162,000 new jobs in March, the first significant addition of jobs to the economy in three years, the unemployment rate held steady at 9.7%, an indication of how far the labor market must go to recoup the millions of jobs shed during this recession. While any added jobs are a positive, there still many negative trends buried in the data: 40,000 of the increase came in the form of temporary jobs; 48,000 more of those jobs are due to temporary Census hires; and there’s a long way to go to make up the estimated 8+ million jobs lost over the course of the recession. So is there reason to celebrate, at least a little, in a good March?
Guest:
Robert Reich, Professor in the Goldman School of Public Policy at UC Berkeley. He was the Secretary of Labor in the Clinton administration. His most recent book is Supercapitalism.
- Patt Morrison for April 2, 2010
- 162,000 new jobs can’t be a bad thing, right? The hidden (negative) meanings behind the March jobs report
- From Russia with…..terror and violent retribution
- Play Ball! – Dodgers and Angels gear up for Opening Day
- Genes for sale: how a major court ruling could impact genetic research patents
- Goodbye office, hello home? Working outside the cubicle.
- Orange County Noir
Also on this episode
Events
Comedy Congress Live
Wednesday, February 29, 2012
7:30 p.m.
- 9 p.m.
The comedic material emanating from Washington D.C., and state capitols across the country, is enough to make any sitcom writer jealous, even if most of that comedy is unintentional. Our motto on Comedy Congress is that just when politics makes you want to cry, it’s usually best to laugh.
... » More info
