Causes of High Unemployment

Nobel Prize-winning economist Peter Diamond used charts and graphs to talk about the causes of high unemployment. The latest monthly… read more

Nobel Prize-winning economist Peter Diamond used charts and graphs to talk about the causes of high unemployment. The latest monthly jobs report showed unemployment dropping to 7.3 percent, largely due to people who stopped looking for work. Professor Diamond argued for increased stimulus spending targeted at infrastructure, education, and research. Then economists Dean Baker and Kevin Hassett joined in discussing the issues.

“The labor market today: Is unemployment cyclical or structural?” was a program of the American Enterprise Institute. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Dean Baker Co-Founder and Co-Director Center for Economic and Policy Research
  • Peter A. Diamond Professor Emeritus Massachusetts Institute of Technology->Economics Department
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Causes of High Unemployment

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Program ID:
314918-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
First Aired:
Sep 9, 2013
Last Aired:
Sep 12, 2013

Airing Details

  • Sep 09, 2013 | 2:02pm EDT | C-SPAN 3
  • Sep 10, 2013 | 12:56am EDT | C-SPAN 2
  • Sep 10, 2013 | 6:26am EDT | C-SPAN 2
  • Sep 12, 2013 | 12:28am EDT | C-SPAN 3
  • Sep 12, 2013 | 6:25am EDT | C-SPAN 3
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