Friday, July 5, 2013

Employment situation still not fully recovered

I like to use the household report.  Maybe it isn't any better than the other, but I figure that these numbers are harder to fudge.  What the latest reports do indicate is that there is indeed job growth.  Yet, after 4 years of recovery, it is still below the peak of January 2008.

When you consider the debt that was incurred to get this "recovery", you have to ask if it was worth it.  Or better yet, could we have done better than this?  I should hope so.

Yes, it does appear that current employment is below 2008's peak.   146.2 million then v.144 million today


144 million employed june 2013 report



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