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The Road Ahead: Unemployment, Poverty and the Recession

Complete video at: Lawrence Mishel, President of the Economic Policy Institute predicts that, because of the recession, "over a third of the people are going to be unemployed or underemployed at some point in 2010." He argues that, as a result, poverty rates will spike, with over half of African American children living in poverty. ----- Lawrence Mishel, president of the Economic Policy Institute, delivers a concise and cogent look at the economic crisis, how we got here, and how to get out, barring the hackneyed platitude "tough it out, America." - Momentum Conference As President of the Economic Policy Institute, Lawrence Mishel is a nationally recognized economist. He has researched, written and spoken widely on the economy and economic policy as it affects middle- and low-income families. His areas of expertise include income distribution and poverty, labor markets, industrial relations, technology and productivity, education, wages, unions and collective bargaining. Mishel is regularly called on to testify and provide economic briefings to members of Congress and appears regularly as a commentator on the economy in print and broadcast media. He is principal author of a major research volume, The State of Working America, which provides a comprehensive overview of the U.S. labor market and living standards. His is now dedicated to sounding the alarm about the high and persistent unemployment ahead, its damaging impact on many communities and the need to generate more jobs and provide assistance to families so they can weather this storm.
Length: 03:40


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