How Counting the Unemployed Started as a Progressive Reform

In an excerpt from his book, reprinted here by permission of Simon & Schuster, Karabell traces how employment data collection originated as a progressive antidote to economic inequality. But even the reformists who developed those statistics, Karabell notes, were wary of the “mania for statistics.”

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Is Unemployment Caused by a Skills Mismatch?

"Can America's Unemployed Fill American Jobs?" looked at the extent to which high unemployment is structural and how much is cyclical. Zachary Karabell of economic research and consulting firm River Twice thinks much of what we're seeing is structural. Mike Konczal of the Roosevelt Institute, on the other hand, argues unemployment is mostly cyclical, or tied to the economic cycle.

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