The Jobless Recovery feat. Sen. Sherrod Brown and Leo Hindery
848 views · Published 24 June 2009 · 56:30 · Indexed 20 September 2026
Channel: New America · 2009 · News & Politics
The official U.S. unemployment rate now stands at 9.4 percent. The economy has lost more than 6 million jobs in the current recession. As bad as those numbers are, a new report from the New America Foundation finds that unemployment is more severe than reported by the Bureau of Labor Statistics. And even as optimistic commentators have seized upon the "green shoots" of recent stock market gains and slowing rates of job loss, the report warns that the U.S. economy is headed toward a "jobless recovery" that could perpetuate the banking and housing crises. Senator Sherrod Brown (D-OH) will join Leo Hindery, Jr., Chairman of the Smart Globalization Initiative at the New America Foundation, to discuss the jobless recovery, its threat to our long-term economic health, and potential solutions.
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