Bringing people into the workforce and helping them stay there should be a national priority. So should be ensuring that everyone has their basic needs met.
We’ve reached an inflection point in our economic recovery from the COVID-19 pandemic. The unemployment rate currently stands at 3.4 percent—one of the lowest on record and far below the nearly 15 percent rate at the outset of the pandemic. But the labor force participation rate (the share of people working or seeking work) has not yet returned to pre-pandemic levels. Moreover, the gold standard for an equitable economy—secure, well-paying jobs for all who need them—remains elusive.
The above is an excerpt of a piece originally published in The Hill.
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