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    Since 2007, the Ohio Workforce Coalition has been bringing together leaders from education and training institutions, economic and workforce development organizations, business and industry, labor, and human service providers. The Coalition promotes public policies that build the skills of adult workers, meet employer skill needs, and strengthen the workforce system to ensure opportunity and prosperity for Ohio families.

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New Natural Rate of Employment

Posted on October 12, 2010 by ohiowfc

The past recession has hit the labor market especially hard, and economists are wondering whether some fundamentals of the market have changed because of that blow. Many are suggesting that the natural rate of long-term unemployment—the level of unemployment an economy can’t go below—-has shifted permanently higher.

Read more in the attached report.

2010-11.pdf

Filed under: Ohio |

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