How did we get into this situation, and what are our prospects? Noah Berger of Mass. Budget and Policy will explain the state budget shortfall, its causes, consequences and potential remedies. Thomas A. Kochan, Co-Director of the Institute of Work and Employment Research at MIT Sloan School of Management, will discuss current labor issues including wage and benefit comparisons between public and private sector workers. Following the presentations, there will be opportunities for questions and feedback.