Unemployed Face Years Without Jobs
“The pace of job growth has been getting weaker in each expansion,” Mr. Achuthan said. “There is no indication that this pattern is about to change...."
For more on ECRI's public discussion of this issue please read these short pieces:
CNN - Business Cycle May Suppress Long-term Job Growth, Feb. 5, 2010
NPR - Good News On Jobs, But Will It Last? Dec. 4, 2009
NYT - They don’t make recoveries like they used to, Aug. 29, 2008