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Wednesday, January 12, 2011

Recovery?

When the last several employment reports have shown modest gains in employment, many of us have noted that even so, the number of jobs created is barely enough to keep up with population growth. This graph of the employment-population ratio over the last 5 years shows this clearly:

Emp-pop

I'll feel more confident about the economy when this ratio begins growing robustly instead of bouncing along the bottom of the valley like it's doing now.

[Also posted at MoneyWatch.]

    Posted by on Wednesday, January 12, 2011 at 06:48 PM in Economics, Unemployment | Permalink  Comments (20)


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