Friday, July 20, 2012

Full Time Employment In June 2012 Is At The Year 2000 Level

America first achieved full time employment at today's 114 million level way back in the year 2000.

Things are not fine in the full time employment sector, which remains 6 percent depressed from the all time high in November 2007 when nearly 121.9 million worked full time.

Examine the data for yourself, here.

Not only should the country have back all those 7 million lost full time jobs by now in a normal recovery, there should be even more working full time than that to accommodate the natural increase in the population in the last five years. The trend line would suggest that we should have in excess of 125 million or more working full time, 11 million more than work full time today.