Industrial Insight

Why this recovery feels different….. | September 18, 2011

http://reason.com/archives/2011/09/15/they-gave-a-recovery-and-nobod/print

They Gave a Recovery and Nobody Came

Some things even the Obama brain trust doesn’t want credit for.

Tim Cavanaugh | September 15, 2011

At the Calculated Risk blog, Bill McBride maintains a handy chart comparing peak-trough-peak employment drops and recoveries for every recession since 1948. The pace of hiring that has held for the last two years would not mitigate job losses from the current recession until around 2018:

Advertisements

Posted in Uncategorized

Leave a Comment »

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

%d bloggers like this: