As COVID-19 continues to take a toll on the economy, America faces three interrelated challenges, according to a report issued by Brookings: (1) high unemployment alongside a historically low reemployment potential; (2) a precarious labor market with too many low-wage, dead-end jobs; and (3) large infrastructure gaps that hamper productivity and growth.
To maximize employment and opportunity for workers, policymakers should consider not only how many jobs these investments could create, but also how good the jobs are likely to be, who they will likely employ and to what extent targeted reskilling might be needed to fill staffing gaps.
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