NCRW Summary: What the Federal Government Must Do to Tackle the Unemployment Crisis (Webinar 2010)
On January 28, 2010 six organizations came together for an on-line webinar to recommend what the federal government needs to do to tackle the unemployment crisis. The 8.1 million jobs lost since the beginning of the recession has created the largest “job hole” since the great depression, according to Lawrence Mishel, President of the Economic Policy Institute. He projected that by the end of 2010, unemployment will be at 10.5% and in two years will be no lower than 8.7%. At this rate, over 100,000 jobs a month must be created to fill the gap.