Chart Your Own Recovery!
By Mitch Berg
How many jobs a month do we have to add to bring the level of employment back to pre-recession levels?
How long will it take to get back to pre-recession employment at current – or any – rate of job “creation?”
Hint – at the current rate (169,000 a month, before adjustments), we’re ten years away. Although the calculator doesn’t distinguish between full-time and part-time jobs – although under the Obama notion of “recovery” the same number of jobs doesn’t mean the same kind of prosperity.
September 9th, 2013 at 2:23 pm
Now if we count the same kind of employment, wouldn’t we have to have about 300k jobs (full time) per month added to get back to 2008 levels?
Ouch. Seems that Obama is the worst President, economically speaking, since Hoover and Roosevelt, and for exactly the same reasons. Brother, can you spare a dime?
September 9th, 2013 at 6:56 pm
And your data from an offshoot of that well-known nest of bolshies, the Brookings Institute, no less. Wow.