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Is Unemployment Caused by a Skills Mismatch?

Two experts weigh in on whether unemployment is structural or cyclical.

09/06/2011

PBS News Hour

Is Unemployment Caused by a Skills Mismatch?

Clip: 9/6/2011 | 4m 30s

Two experts weigh in on whether unemployment is structural or cyclical.

Friday's story, "Can America's Unemployed Fill American Jobs?" looked at the extent to which high unemployment is structural and how much is cyclical. Zachary Karabell of economic research and consulting firm River Twice thinks much of what we're seeing is structural. Mike Konczal of the Roosevelt Institute, on the other hand, argues unemployment is mostly cyclical, or tied to the economic cycle.

09/06/2011

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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