U.S. Economy OK, but Not Great: Lazear

The video discusses the state of the economy, focusing on growth rates, labor market indicators, and the challenges of economic recovery. It highlights the importance of the employment rate over the unemployment rate and examines job creation trends. The relationship between wage growth and productivity is analyzed, emphasizing the need for a productive economic environment to boost wages. The video also touches on income inequality, particularly the disparity affecting the bottom 20-30% of the population.

What is the current state of job creation in relation to population growth?

How does the speaker view the relationship between productivity and wages?

What are the concerns regarding income inequality mentioned in the text?