In the fall of 2007, when the U.S. economy first seemed in peril, I began answering reader queries here on the Business Desk. I still do so occasionally, but this page has expanded to include posts from eminent economists, "far-flung correspondents," and a variety of voices that have intriguing and/or useful things to say about economics, broadly defined. Please feel encouraged to respond to any and all of them.
Zachary Karabell of economic research and consulting firm River Twice thinks much of what we're seeing is structural. He sees a shift occurring in the economy which is causing a mismatch between the skills employers want and the skills job seekers have.
Mike Konczal of the Roosevelt Institute, on the other hand, argues unemployment is mostly tied to the economic cycle. He believes we have a high jobless rate because the economy is relatively weak.
As usual, we had a lot more material than we could fit in the piece -- so we're posting this online extra.