Labor & Economic News - Institute for Research on Labor & Employment Library: Policy Points: Sobering Jobless Data Highlight Need for Recovery Package to Focus On Hard-Hit Families and States

Labor & Economic News Blog

Friday, January 09, 2009

Policy Points: Sobering Jobless Data Highlight Need for Recovery Package to Focus On Hard-Hit Families and States

Policy Points: Sobering Jobless Data Highlight Need for Recovery Package to Focus On Hard-Hit Families and States
Since a decline in overall demand is the main cause of rising unemployment and the weak economy, the economic recovery package should focus on putting money in the hands of people who will spend it quickly.

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