Sunday, June 9, 2019

If the current jobs recovery just equaled the average of previous cycle highs, we'd have 3.1 million more working full time jobs than we do

Six previous full time jobs recoveries since 1968 have meant 51.1% of the population working full time on average at peak, but we appear to have stalled out at around 49.9%.

It looks like a small difference on paper but amounts to almost 3.1 million more working full time today than are.

Population continues to grow, why not full time employment along with it?

This is not a boom.