Speaker: Gary Burtless, Brookings Institution - The John C. and Nancy D. Whitehead Chair Senior Fellow - Economic Studies
The Great Recession of 2008-2009 was the worst economic downturn since the Great Depression. Unlike most other recessions in the post-war era, however, the recovery has brought back only a small fraction of the almost 9 million jobs lost in the downturn. The speaker explains the puzzling absence of an employment rebound in his talk. Why has the rebound been so slow? What can we do to speed it up?