Month: January 2010
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Yeah, Right, The Recession’s Over
We’ve been hearing more about “jobless recoveries” over the years, but it’s pretty profound how rapidly the trend is increasing. Calculated Risk: Months to Return to Full Employment 1981: 28 1990: 31 2001: 47 2007: ?? This multi-decade trend suggests to me that there’s something secular and structural at play. I suggest this. Related posts:…