December Employment Report — A Roundup: Donald Marron calls it “sobering,” and James Pethokoukis gives nine reasons why it is “bad news” for Democrats. Mark Thoma discusses the story beneath the story, which is that the decline in labor force participation kept the unemployment rate from rising despite the loss in jobs. Menzie Chinn also discusses some subtle aspects of the report.
Affiliation: Dartmouth College
Andrew Samwick is a professor of economics and Director of the Nelson A. Rockefeller Center at Dartmouth College in Hanover, New Hampshire.
He is most widely known for his work on the economics of retirement, and his scholarly work has covered a range of topics, including pensions, saving, taxation, portfolio choice, and executive compensation.
In July 2003, Samwick joined the staff of the President's Council of Economic Advisers, serving for a year as its chief economist and helping to direct the work of about 20 economists in support of the three Presidential appointees on the Council.
Visit: Andrew Samwick's Page