The jobs gap is finally closed. But there are still some glaring weaknesses in the economy.
DWYER GUNNAUG 4, 2017
"This indicates that, by our calculations, nearly a full decade after the start of the recession, employment has returned to its demographically adjusted pre-recession level..." conclude Diane Whitmore Schanzenbach, Ryan Nunn, Lauren Bauer, and Audrey Breitwieser, the report's authors. "[T]he economy has added enough jobs to make up for the losses during the Great Recession."
This month's jobs report marks 82 consecutive months of job growth; the country has now added over a million jobs since President Donald Trump took office, although the pace of job growth has been similar to the last year of President Barack Obama's tenure, and few economists attribute much of the gains to anything going on Washington, D.C. The unemployment rate is now at 4.3 percent, down from a peak of 10 percent during the Great Recession.
more:
http://psmag.com/economics/two-charts-show-good-and-bad-in-united-states-economy
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