Friday, April 1, 2011

Job seekers' lost decade = A solid jobs report is nothing to scoff at nowadays, but here goes.

[mEDITate-OR:
not see that the hole that Bill@CR shows U.S. is not the totally bad story.
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Look at the number when W was elected = 132,500,000 employed.
Three years later W eliminated 2,500,000 of U.S.
At the end, W had reduced U.S. to 129,000,000 employed.
and 7 million south of their peak levels in 08
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As Colin Barr points out to U.S., a lost decade.
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Slicing it up another way, over the past decade the United States has added 30 million residents, without making any accommodation for how they might earn their way in the world. No wonder the Fed thinks we have bigger worries than inflation.But it wouldn't be a rainy Friday in New York without a dose of economic gloom. Take a look at the above chart, inspired by Rosenberg's comment that U.S. payrolls remain below their level of January 2000 -- and 7 million south of their peak levels reached in the late stages of the housing bubble.
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The lost decade: Not just for Japan anymore
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Job seekers' lost decade
A solid jobs report is nothing to scoff at nowadays, but here goes.
http://finance.fortune.cnn.com/2011/04/01/job-seekers-lost-decade/
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