Jayadev, Arjun; Konczal, Michael - In: Journal of Post Keynesian Economics 33 (2011) 3, pp. 435-450
In this paper, we examine the labor market during the Great Recession and find some startling features underlying the stagnation and decline of 2007-10. The population in the labor force has stagnated while the population that is out of the labor force has grown sharply. For the first time since...