Grasping Reality on TypePad, by Brad DeLong

..."doesn’t go far enough. American workers and businesses need a universal paid leave program.” Leah Fessler interviews Harvard University economist Claudia Goldin.... Marcus Casey and Bradley Hardy... point out that while the black unemployment rate is having its time... as it hit historical lows... the economic well-being of any community can’t be determined by just the unemployment rate.... The rate at which U.S. workers participated in the labor force at one time far outstretched the participation rate of workers in the United Kingdom. But since the late 1990s, the participation rate in the United States has dropped sharply while and the U.K. rate has risen. What happened? Ernie Tedeschi dives into the data...