Summary: The Peterson Institute for International Economics held an event November 5, 2013, to discuss the challenges to labor markets in the United States and around the globe posed by the Great Recession. In this video, David Blanchflower compares the UK and US experiences in creating jobs and confronting structural unemployment, Tomas Hellebrandt presents important new findings showing how the recent downturn and resulting rise in joblessness has affected income inequality, and Jacob Funk Kirkegaard discusses how labor market reforms in Germany increased employment and labor force participation without adverse inequality effects.
