Linked from Pethoukoukis' blog at Reuters.
Tuesday, February 8, 2011
Not the Ordinary Recession
Something's going on:
Jobs aren't rebounding. Notice too the trend over the last four recessions: job recovery in 1982 was pretty much in line with past performance, but each subsequent recovery is taking progressively longer. I could offer all sorts of explanations, but that would just be ultracrepidarianism. It's just enough to note the trend and say that it's... bad.
Linked from Pethoukoukis' blog at Reuters.
Linked from Pethoukoukis' blog at Reuters.
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