Office Hours: Lee Ohanian Answers Your Questions on American and European Labor Markets

Hoover Institution senior fellow Lee Ohanian answers frequently asked questions from his video "Laboring in Vain: How Regulation Affects Unemployment."

1. 0:20 - How are American labor markets different from European labor markets?
2. 7:00 - What is structural unemployment and why are European unemployment rates consistently higher than those in the United States?
3. 9:48 - How can American labor markets be improved?
4. 11:53 - Doesn't more labor market regulation lead to more stability in the long run?
5. 14:11 - Doesn't more regulation lead to less inequality and a fairer distribution of wealth?

Watch the original video, “Laboring in Vain: How Regulation Affects Unemployment.”