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Moving Working Families ForwardThird Way Policies That Can Work$
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Robert Cherry

Print publication date: 2011

Print ISBN-13: 9780814717189

Published to NYU Press Scholarship Online: March 2016

DOI: 10.18574/nyu/9780814717189.001.0001

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Employment Growth

Employment Growth

Its Strengths and Limitations

(p.23) 2 Employment Growth
Moving Working Families Forward

Robert Cherry

Robert Lerman

NYU Press

This chapter determines the employment and wage benefits to working families from a high-employment economy and identifies its inadequacies. With the persistence of almost double-digit official unemployment rates, which are even higher for at-risk groups, particularly teenagers, it will be many years before the nation obtains a high-employment economy. Substantial employment shortfalls will continue for some time; however, the chapter focuses on the most prominent at-risk groups: teenagers, single mothers, and black men. It also explores the impact of the first six years of the 1990s economic boom in relation to the limitations of robust employment growth and what can be anticipated over the next few years.

Keywords:   employment growth, high-employment economy, unemployment rates, at-risk groups, 1990s economic boom

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