by Christian Weller
Department of Public Policy and Public Affairs
For years now, the policy lesson drawn from repeatedly modest employment reports has been the same. Policymakers, especially Congress, need to do more to boost economic and job growth. The Fed has done its job by keeping interest rates low and stabilizing the economy in the aftermath of the Great Recession. The next president will need to lead, and Congress needs to act on job-promoting policies.
The latest job numbers, while positive, only underscore this message.