Dylan Matthews usually writes insightful pieces, but he really strays from the mark today in buying a story that unemployment in today's economy is to any significant extent an issue of skills. He picks up on a new paper by two economists (Nir Jaimovich from Duke and Henry E. Siu at the University of British Columbia) that argues that structural changes rather than weak demand is the main factor behind weak job growth in the last three recoveries.
Tying structural change to the last three rec...
Published on September 05, 2012 17:40