Friday, December 2, 2011

Don't celebrate those new job numbers too much.

However, at this pace of job growth, it will be more than two decades before we get back down to the pre-recession unemployment rate. Moreover, a shrinking labor force is not the way we want to see unemployment drop.  At this rate of growth we are looking at a long, long schlep before our sick labor market recovers.

No comments:

Nothing good comes ever from this kind of talk. MAGA is going to end the American age, and it's possible that will turn out for the best...