This week, economists at Princeton University published a paper entitled "Are the Long-Term Unemployed on the Margins of the Labor Market?" that painted a bleak picture of the United States economy and labor market: only one in 10 of long-term unemployed individuals will find a job … [Read more...]
Obama Band-Aid: Raising minimum wage is not a viable solution
United States President Barack Obama has been arguing as of late for a minimum wage of $10.10 per hour, an increase from the current federal $7.25. He garnered support from a large number of economists in January, but on Friday he received opposition from more than 500 economists … [Read more...]
