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The Changing Nature of Job Creation in the 21st Century

Recorded on May 12, 2004

Location: The Heritage Foundation's Lehrman Auditorium

Despite a surging GDP, record productivity growth, and substantial profits, critics argue that our recent economic recovery is still jobless. Naysayers claim that millions of workers are discouraged and that the rare jobs being created are simply not as good as those that have been lost. Clearly, the American economy is experiencing a restructuring - as it has done many times in the past and will do many times over again in the future. So, has the "New Economy" put American jobs at risk in the name of faster growth or has the very nature of employment changed? Are our government agencies monitoring and measuring these "New Economy" patterns correctly or do the measurement tools themselves need to be reviewed and re-assessed? How is job creation really faring in our current recovery?

Join us for a discussion of these and other concerns about the workforce measures being used today, such as the payroll and household survey, and whether they are providing the accurate information legislators need to determine policies that should be on the enhanced job creation agenda.