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Michael Strain: The state of the labor market
Episode 25627th October 2021 • Political Economy with Jim Pethokoukis • American Enterprise Institute
00:00:00 00:29:37

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The COVID-19 pandemic has interrupted supply chains and disrupted the US economy. Production levels are back on track, but the labor force participation rate has remained stagnant since the summer of 2020. And millions of Americans are quitting their jobs in a labor market that was already facing a shortage of workers. What's going on with this "Great Resignation"? And should we brace ourselves for continued inflation as supply line problems drag on and Congress pumps trillions into the economy? To answer those questions and more, I'm joined today by Michael Strain.

Mike is the Arthur F. Burns Scholar in Political Economy and the Director of Economic Policy Studies at AEI.