How Policy is Failing the American Workforce — ft. Kathryn Anne Edwards | Prof G Markets

Описание: This week on Prof G Markets, Ed and Scott are joined by Kathryn Anne Edwards, PhD economist, economic policy consultant, and columnist for Bloomberg News, for a conversation about what happens to a $30 trillion economy when data goes dark. She also shares her take on alternative recession indicators, youth unemployment, the rise of the “trad wife” trend, and how ICE raids will reshape the labor force.

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Timestamps:
00:00 - Today’s number
00:35 - Today’s episode
10:14 - Interview with Kathryn Anne Edwards
10:36 - Can you give us the labor market expert’s guide to the government shutdown?
11:58 - As an economist, how much of a problem is it that you’re not getting data?
13:45 - How do you summarize what’s going on in the economy?
16:09 - What are your reactions to the ADP employment report?
18:55 - Are layoffs seen as bullish now, signaling leaner, stronger companies?
21:58 - Do you think we need to be moving towards alternative sources of data for recession indicators?
26:37 - Ad Break
28:58 - What are your takeaways from your research on NEETs?
30:59 - Who tends to over-index amongst the NEETs and what solutions would you suggest?
33:06 - Would you have a reduction in NEETs if the incentives were changed and there were fewer social programs?
36:04 - Have you seen The Maid?
36:50 - Are there any other solutions that you think could help NEETs?
43:11 - Are fewer young people having kids not because of preference, but because they feel they don’t have real options?
53:30 - Ad Break
55:31 - Any top line thoughts on the impact the ICE raids will have on the labor markets?
01:00:13 - Do you agree that globally there has never been a more flexible, profitable work force than undocumented workers in the U.S.?
01:03:48 - Is it true that we’re spending more money on the efforts to expel undocumented workers than we are on child care?
01:06:13 - Any thoughts on what we’re seeing among young people right now in terms of unemployment?
01:11:26 - Credits

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