Prime logo Prime members: New to Audible?
Get 2 free audiobooks during trial.
1 audiobook of your choice.
Stream or download thousands of included titles.
$14.95 a month after 30 days. Cancel anytime
The Truth About American Unemployment  By  cover art

The Truth About American Unemployment

By: Jason Furman
Narrated by: Kevin Stillwell
Free with a 30-day trial

$14.95 a month after 30 days. Cancel anytime.

Buy for $1.95

Buy for $1.95

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's summary

In the wake of the financial crisis of 2008 and the Great Recession that followed, many economists worried that even if the US economy improved, unemployment would remain high for years to come. Some warned darkly of a “jobless recovery.” Those fears have proved unfounded: since peaking at ten percent in October 2009, the US unemployment rate has fallen by half and is now lower than it was in the years leading up to the crisis. Beyond the basic unemployment rate, a broad range of evidence shows that the labor market has largely returned to good health. Compared with earlier in the recovery, far fewer workers are underemployed or underutilized. Long-term unemployment has fallen steadily, from an all-time high of four percent of the labor force in early 2010 to just over one per-cent today. And adjusting for inflation, average hourly wages have been increasing for more than three years.

"The Truth About American Unemployment" is from the July/August 2016 issue of Foreign Affairs.

©2016 Foreign Affairs (P)2016 Audible, Inc.

Love Books? You'll Love Audible.

Placeholder Image Alt Text

Transform your day

Replace endless scrolling with endless listening. Chores can be fun.

Placeholder Image Alt Text

Listen everywhere

Download titles to listen offline, wherever you are in the world.

Placeholder Image Alt Text

Carry your entire Library

Your stories go where you go. Audiobooks don’t weigh a thing.

Placeholder Image Alt Text

Listen and learn

Discover stories that can change your mind, your well-being, and your life.

Placeholder Image Alt Text

Reach your reading goals

You can’t turn pages while you drive—but you can press play.

Placeholder Image Alt Text

Find your niche

WIth thousands of titles to explore, there’s something for everyone.

Try for $0.00 $14.95 a month after 30 days. Cancel anytime.

What listeners say about The Truth About American Unemployment

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.