Viable Opposition: The Sad Truth About Employment Growth in America
What we rarely see discussed is the improvement to the U.S. employment rate. That’s because it hasn’t improved since the depths of the Great Recession as you will soon see.
…The United States economic growth period since the Great Recession has left America with the eighth worst employment growth standing, just ahead of a selection of Europe’s weakest economies and most indebted nations; Greece, Ireland, Spain and Portugal. The United Kingdom which has suffered from what could be termed a triple dip recession has seen its employment level rise to within 1.8 percentage points of its recessional lows. Even Italy, the world’s third most indebted nation in nominal terms and home to the renowned Silvio Berlusconi has a better track record than the U.S., seeing its current employment level rise to within 1.1 percentage points of its lows.
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