Never before has it taken so long to recover employment back to pre-recession peaks.
Let’s look at this another way:
How fast is employment growing vs. the rise in population?
How fast is employment growing vs. the rise in population?
The green line (population minus full-time employment) shows that from the mid-1980s through the start of the recession, full-time employment outpaced population growth.
Since then full-time employment has lagged.
Such details shows seemingly good job numbers are nowhere near as good as widely touted.
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