We’ve all heard the refrain: the economy is on the rebound, the recession is officially “over,” and yet… unemployment continues to hover at uncomfortably high levels and median pay rates for all — except those at the very apex of the corporate pyramid — continue to stagnate. Welcome to the “jobless” recovery. Economist Bob Haveman pulls no punches when discussing the state of the U.S. economy. The title of his presentation is “The U.S. Labor Market is a mess.” Haveman joined the Buzz on Monday, April 28th.
More from Bob Haveman: