In the News

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Your Diet Coke Won’t Kill You

Bloomberg View • April 8, 2014 • Peter Orszag

In his latest piece for Bloomberg, Advisory Council member Peter Orszag discusses the health concerns of drinking soda.

No, the jobs hole hasn’t been filled

The Seattle Times • April 8, 2014 • John tolton

The Seattle Times cites The Hamilton Project's state-by-state jobs gap chart in their disucssion on the recent employment numbers.

This has been the slowest jobs recovery since the Labor Department started tracking this data in 1939. The March unemployment rate of 6.7 percent would have been considered recession-level in any other period after World War II. The result remains a significant jobs gap — tracked here by the Hamilton Project — that we’re nowhere near on track to close.

Reducing Overpayments in the Earned Income Tax Credit

Center on Budget and Policy Priorities • April 7, 2014 • Robert Greenstein, John Wancheck, and Chuck Marr

In a new report for the Center on Budget and Policy Priorities, Advisory Council member Robert Greenstein discusses the complexities of the Earned Income Tax Credit and suggests facts that policymakers should take into account.

What the world must do to kickstart growth

Financial Times • April 6, 2014 • Larry Summers

The post-crisis panic might be subsiding but medium-term prospects are problematic, says Advisory Council member Larry Summers.

Hiring Rises, but Numbers of Jobless Stays the Same

The New York Times • April 4, 2014 • Nelson D. Schwartz

The New York Times discusses the latest employment numbers and looks at The Hamilton Project’s “jobs gap” chart on estimates for a full recovery.

Experts with the Hamilton Project, a research group that is associated with the Brookings Institution in Washington, estimate that at the current rate it will take until early 2019 for the economy to accommodate new entrants into the work force and get back to where it was before the recession.

Chart of the week: Still deep in the jobs hole

Pew Research • April 4, 2014 • Drew Desilver

Drew Desilver from Pew Research discusses the latest employment numbers for March 2014 and uses The Hamilton Project's jobs gap chart to explore recovery possibilities.

But that metric understates the jobs gap, as illustrated in the above chart from the Hamilton Project, an economic policy initiative of the Brookings Institution. (Clicking the chart will take you to an interactive graphic.) Because more people are entering the labor force each month, merely replacing all the jobs lost during the recession won’t bring employment back to its pre-crisis level.

What Brookings Scholars Are Saying about the Job Numbers

Brookings Now • April 4, 2014 • Fred Dews

A blog post from Brookings Now discusses the employment numbers for March 2014, and highlights The Hamilton Project's "jobs gap" chart.

“…This number stands at 7.4 million jobs at the end of March 2014. According to the Hamilton Project, "If the economy adds about 208,000 jobs per month, which was the average monthly rate for the best year of job creation in the 2000s, then it will take until September 2018 to close the jobs gap…"

Walking through the latest jobs numbers

Marketplace • April 4, 2014 • Sabri Ben-Achour

NPR’s Marketplace looks at The Hamilton Project’s “jobs gap” chart in a discussion on the latest jobs numbers.

“…Nor should we be happy with reaching the number of jobs we had in 2008. We’ve had lots of new people join the workforce since then. The Hamilton Project (affiliated with the Brookings Institution) keeps track of the “jobs gap,” which is the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels while also absorbing the people who enter the labor force each month. Their estimate for when we'll truly catch up to where we would've been? 2020…”

The State of the U.S. Labor Market

Center for American Progress • April 3, 2014 • Michael Madowitz and Matt Markezich

The Center for American Progress discusses the current labor market, and cites The Hamilton Project’s jobs gap chart.

Broadcasters seek more details on 600 MHz incentive auction

FierceCable • April 2, 2014 • Monica Allevan

News coverage from The Hamilton Project's March 24 forum Wireless Spectrum and the Future of Technology Innovation.

At 9 a.m. on Tuesday, FCC Chairman Tom Wheeler is scheduled to give a keynote. Wheeler has framed the incentive auction as a "once-in-a-lifetime opportunity" for broadcasters. "Seldom have I seen such a risk-free opportunity as that represented to broadcasters by the incentive auction, including the opportunity to continue their existing business on shared spectrum and take home a check for the spectrum they vacate," he said at a [Hamilton Project] Brookings Institute event on March 24.

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A periodic newsletter of events, policy briefs, and working papers from The Hamilton Project.