Daily Archives: December 7, 2012

These are welcome indications that the labour market continues its gradual healing after the extreme trauma and severe dislocations inflicted by the 2008 global financial crisis. But these improvements have to be accelerated if America is to fully overcome an unemployment crisis that weakens social cohesion and aggravates inequalities of income, wealth and opportunities. Otherwise, the healing process will plateau, leaving joblessness too high and the labour market too exposed to disruption Continue reading »