Many lawmakers, policymakers, and economic commentators do not appear to recognize the depth of the current labor-market recession. Between December 2007 – the official first month of the recession – and December 2009, the U.S. economy lost more than eight million jobs. Even if the economy...

The $787 billion recovery package marks a big, bold, and historic investment in creating green jobs and building more equitable communities. The package invests nearly $100 billion in funding for transportation and infrastructure, $48 billion in investments in job training and education, $41...

This report provides a detailed look at the tax provisions in the ARRA, noting which current laws are affected and the costs of each.

This report summarizes the individual, corporate and renewable energy tax and benefit provisions of the American Recovery and Reinvestment Act. The summary lists current provisions, how these would change under the ARRA in both the House and Senate versions, and the costs of these provisions...

Last month the government announced plans to sell the stock it obtained in November of 2008 as part of its bailout package of Citigroup. The media jumped on the fact that, at the stock’s current market value, the government stands to earn an $8 billion profit on this stock. This profit was...

Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The first argument focuses on the large increase in...