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The State of the New Economy

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In this video interview, David M. Smith, PhD, Associate Dean of Academic Affairs and Associate Professor of Economics at the Graziadio School of Business and Management discusses the impact of the American Reinvestment and Recovery Act so far, the fate of female and older workers in this down economy, and which sectors of the California economy are likely to bounce back.

Questions for Dr. Smith:

  1. Has the American Recovery and Reinvestment Act been successful in stemming additional job losses?
  2. Will California regain its place as a leading global economy?
  3. What does the future hold for industries such as manufacturing, construction, and retail that have been hard hit by this recession?
  4. In some industries, such as government and aerospace, we are seeing older workers retiring in greater numbers. Is this good for the unemployment situation? Is “brain drain” a concern?
  5. What are the best job prospects for older workers?
  6. As the number of male and female workers reach equity, what are the implications for the U.S. workforce?

Related in the GBR

The Cost of Lost Data by David M. Smith, PhD

Taking Advantage of California’s Retirees to Help Close the Budget Gap by Owen P. Hall. Jr., PE, PhD

California Greening: Boom or Bust? by Owen P. Hall, Jr., PE, PhD

Author of the article
David M. Smith, PhD, Associate Dean of Academic Affairs and Associate Professor of Economics
David M. Smith, PhD, Associate Dean of Academic Affairs and Associate Professor of Economics
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