Another Horrible Jobs Report — And Why The Great Jobs Recession Continues

America’s private sector generated 64,000 jobs in September — just about half the number needed to keep up with the growth in the labor force. (Government, meanwhile, shed jobs.) That means American workers are in worse shape today than they were a year ago. The Great Jobs Recession continues. And we won’t get out of it until we face and deal with the structural problem at its core: A record share of the nation’s income going to the top, leaving the vast middle without enough purchasing power to get the economy moving. (See AFTERSHOCK: The Next Economy and America’s Future.)

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About Robert Reich 547 Articles

Robert Reich is the nation's 22nd Secretary of Labor and a professor at the University of California at Berkeley.

He has served as labor secretary in the Clinton administration, as an assistant to the solicitor general in the Ford administration and as head of the Federal Trade Commission's policy planning staff during the Carter administration.

He has written eleven books, including The Work of Nations, which has been translated into 22 languages; the best-sellers The Future of Success and Locked in the Cabinet, and his most recent book, Supercapitalism. His articles have appeared in the New Yorker, Atlantic Monthly, New York Times, Washington Post, and Wall Street Journal. Mr. Reich is co-founding editor of The American Prospect magazine. His weekly commentaries on public radio’s "Marketplace" are heard by nearly five million people.

In 2003, Mr. Reich was awarded the prestigious Vaclev Havel Foundation Prize, by the former Czech president, for his pioneering work in economic and social thought. In 2005, his play, Public Exposure, broke box office records at its world premiere on Cape Cod.

Mr. Reich has been a member of the faculties of Harvard’s John F. Kennedy School of Government and of Brandeis University. He received his B.A. from Dartmouth College, his M.A. from Oxford University, where he was a Rhodes Scholar, and his J.D. from Yale Law School.

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