Archive for January, 2010

Yeah, Right, The Recession’s Over

January 31st, 2010 Comments off

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.