From APM, American Public Media, and WNYC,

this is Freakonomics Radio on Marketplace.

Here's the host of Marketplace, Kyra's Doll.

Time now for a little bit of Freakonomics Radio that moment in the broadcast every couple

of weeks where we talk to Steven Dubner, the co-author of the books and the blog of the

same name.

It is the hidden side of everything.

No, I mean, hey, Ky, I'm great.

And I bet you just can't wait to see the new unemployment numbers on Friday.

That's kind of like, catnip for you.

It makes my day pal, come on, I love that stuff.

Let me say this, whatever the numbers say on Friday, the general picture is pretty clear,

which is unemployment remains relatively high.

Everyone has a pet theory.

But I'm here to tell you today about a trio of economists who have a new research paper

out with a pretty interesting angle to explain the unemployment.

Three economists?

Three times is much fun, doesn't it?

What do you think you got?

All right, let's start with something that we know to be true, okay?

That on average, the more education you get, the better you do in the labor market.

There's no question about that, right?

...