Robert Reich talked about his belief that although the unemployment rate in March remained at 9.7% and the U.S. economy added 162, 000 thousand jobs, the jobs picture actually still looks bleak. Reich will discuss his piece in Monday’s Wall Street Journal in which he says that many outsourced jobs will never return and that the median income will likely continue to fall just like it did during the “last so-called recovery.” He has been very vocal in criticizing the Obama administration’s approach to financial reform.
Keywords
Business & Commerce, Economic Policy, U.S. Economy, Employment Policy, Unemployment