Episode
Economic Update: The Economics of Unemployment Today
- Published
- May 27, 2026
- Duration seconds
- 1905
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/economic-update-with-richard-d-wolff-216633/episodes/economic-update-the-economics-of-unemployment-today/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/economic-update-with-richard-d-wolff-216633/economic-update-the-economics-of-unemployment-today.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter rail workers in New York (LIRR). The rest of today's episode is an analysis of the 7.4 million Americans who are unemployed today, the causes and effects of that unemployment, the irrationality of that unemployment, and the current failed "policies" to deal with it.