One deep jobs recession.

I have been very impressed with this graph.

I have lived through most of the recessions charted on that. Especially the big ones of 1974 and 1982, which were the “worst since the depression”, Great Recessions of those days. Maybe because I was young, they seemed to go on and on, but the jobs inevitably came back.

Look at the one we’re in now, which is prominent.

How long will it take for all the jobs lost since December 2007 to come back?

What about jobs for all the new people who’ve entered the work force in the past three-and-a-quarter years?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s