Economic Update: "Parental Leave" in US Jobs Lags All Other Advanced Countries

Saturday, 02 June 2012 15:48 By Richard D Wolff, Economic Update/Truthout | Radio Segment
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Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. The show begins with updates on the grim US employment data released on June 1, on how Europe experiences global capitalist crisis differently in Greece, Spain and Germany, and on how "parental leave" in US jobs lags all other advanced countries. Professor Wolff interviews Dr Harriet Fraad on the rapid increase of US adults living alone and the causes and consequences of this both economically and psychologically. The radio show ends with responses to questions about Spain, US student debt, economic collapse.


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Richard D Wolff

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). His work is available at and at

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