Millions Are Unemployed. Crises Abound. Is It Time To Guarantee Public Service Jobs?
“Is there a limit to how much we can care for each other?”
That’s the radical question at the heart of economist Pavlina Tcherneva’s timely new book, ”The Case for a Job Guarantee,” due to be published this month.
The 128-page book went to print in December when the U.S. unemployment rate was near a postwar low of 3.5%. Yet that figure obscured the harsh realities of the economy it’s so often used to describe. Hallowed growth of the economy was less a rising tide than a wave that pummeled most and allowed a select few to surf.
Average real incomes for the bottom 90% of families fell from 2009 to 2012, the first three years of the post-Great Recession recovery. By 2017, that average was 2.2% lower than in 1997. And …continued .
[Source: Huffington Post]