Prof G Markets How Policy is Failing the American Workforce — ft. Kathryn Anne Edwards
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Oct 10, 2025 
Kathryn Anne Edwards, a PhD economist and Bloomberg columnist, delves into the complexities of the American labor market. She discusses the impact of government shutdowns on federal workers and the risks of fading data collection. Kathryn highlights the rise of NEETs—youth not in education or employment—and ties the 'trad wife' trend to gaps in high-quality part-time work. She proposes practical policy solutions like paid family leave while addressing how ICE raids affect labor dynamics and the economy's pull on undocumented workers.
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BLS Is Hard To Replace
- There is no full private substitute for BLS data because many alternative sources are calibrated to or validated by it.
- Starving statistical agencies creates real risks for managing a $30 trillion economy.
Invest In Government Statistics
- Fund and modernize statistical agencies to maintain accurate economic management.
- Give BLS the resources and authority to implement planned modernization efforts.
NEETs Come From Three Core Causes
- NEETs (not in education, employment, training) rise from three root causes: poor labor markets, disability, or caregiving.
- The demographic mix and remedies differ by age and era, but causes repeat.
