Full Employment
Full employment is particularly important for low- and moderate-income families because it not only means more jobs but also leads employers to offer higher wages to attract and retain the workers they need. Yet full employment has been more the exception than the norm in recent decades. Policy Futures aims to establish full employment as a primary policy goal and to design and promote policies to reach it.
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Preparing for the Next Recession: Lessons from the American Recovery and Reinvestment Act
Recessions generate significant risks for both people and the economy. At the human level, they increase hardship for families that lose jobs or...
Conference Call Briefing: The Financial Crisis: Lessons for the Next One
In a Center on Budget and Policy Priorities conference call briefing, Alan Blinder and Mark Zandi, two of the nation’s leading economists, discussed the recent paper that the Center commissioned...
The Financial Crisis: Lessons for the Next One
The massive and multifaceted policy responses to the financial crisis and Great Recession — ranging from traditional fiscal stimulus to tools that policymakers invented on the fly — dramatically...
Fed Should Consider Wage Trends When Setting Interest Rates
In a new paper for our Full Employment Project, economist Josh Bivens argues that the Federal Reserve should set a wage-growth target to inform its decisions about interest rates.
The Fed’s dual...
A Vital Dashboard Indicator For Monetary Policy: Nominal Wage Targets
The most important decision that will influence the economic recovery over the next few years is the trajectory of short-term interest...
Reuniting Growth and Prosperity
While the economy still has many uniquely positive attributes, something is fundamentally wrong: we can no longer count on economic growth to deliver broadly shared prosperity. My new book, The...
Video: The Path to Full Employment: Making Jobs a National Priority
The Path to Full Employment: Making Jobs a National Priority
Wednesday, April 2, 2014
8:30 a.m. – 11:00 a.m.
National Press Club – Washington,...
Work-Based Learning to Expand Jobs and Occupational Qualifications for Youth
Young Americans face serious challenges in making a successful transition to adulthood. Increasingly, good-paying careers require some postsecondary credential and work experience, yet many are...
The Role of Manufacturing in a Jobs Recovery
Problems in the U.S. labor market were evident well before the start of the recession in 2008. The U.S. economy was dubbed the American jobs machine in the 1990s, but employment growth abruptly...