Given that Africa has the world’s youngest population, the lack of steady, formal-sector jobs is an enormous political and economic risk factor. Unemployed youth are more likely to be criminals, may be lured into militant groups, and contribute to political unrest.
Joe works in a Pennsylvania steel mill. Many of Joe’s fellow Americans start buying more imported steel and, hence, less American-made steel. Because of this change in trade patterns, Joe – a good, hard-working, honest, play-by-the-rules, middle-aged family man who toiled in the steel mill all of his adult life – loses his job. Joe […]
How to evaluate the economic record of Barack Obama? To even begin answering, it’s necessary to go beyond just counting the number of jobs created during his presidency (10 million) or calculating the average growth rate (1.5%) or even looking at something more wonky like the labor force participation rate.
The glowing claims about minimum wage laws don’t pass the most basic economic smell tests. Just look at the data from Europe.
A focus on jobs missing the forest for the trees. We should be focused on creating wealth, not maximizing employment.
Abby Hobbs [name changed for privacy] is not the type of person you’d classify as lazy or naïve. As a digital strategist at a small marketing firm, her enthusiasm for and knowledge of her industry are obvious whenever she talks about her job. But, as she told Learn Liberty, getting there wasn’t easy. As a […]