Saturday, July 17, 2010

Hot Air » Chart of the Day

This really is scary:

Hot Air » Chart of the Day: "Ezra Klein calls this “the scariest jobs graph you’ve seen yet,” and for good reason. The center-left Brookings Institute calculated what kind of job growth it would take to reach pre-recession employment levels, and how long it would take. Brookings takes into account population growth and therefore calculates that in this month, the total employment gap has expanded to 11.2 million jobs. According to their analysis, adding jobs at a rate equal to the best average monthly rate for any one year in the past decade will mean we won’t catch up to pre-recession employment until 2022:"

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