As news broke of non-farm payrolls growing 236,000 in February 2013 and the U.S. unemployment rate dropping to 7.7%, Barnard economics professor David Weiman was tapped to explain the events and impact. He analyzed the data for The Street, a financial news service.
"The unemployment news is good but it's still a mixed picture. I was looking at the full report and people were still not entering the labor force at the rate you'd like to see. That would be a real indication of a robust recovery," he said. Watch the full interview.
Prof. Weiman is the Alena Wels Hirschorn ‘58 Professor of Economics. He specializes in 19th and 20th century U.S. economic history and the political economy of contemporary U.S. criminal justice policy. His research in economic history focuses on the evolution of banking-payments and telecommunications networks.