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More workers but fewer jobs than 9 years ago

Posted on Sunday, July 5th, 2009 and is filed under Depression. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

It points out the scope of the current crisis and weaknesses this decade. WASHINGTON — How bad is the current recession? Here’s one measure: the United States now has fewer jobs than it did nine years ago, even though the workforce — the number of people either working or looking for work — has grown by 12.5 million people since then. It’s the first time since the Great Depression that a recession has wiped out…

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