Free Markets, Free People
Quote of the Day: Unemployment reality check edition
James Pethokoukis provides us with the quote (a little context when you hear all the “sunshine and roses” employment reports):
[T]o restore the job market to the state it was in back in 2007, before the recession, would require the creation of 14.8 million jobs in today’s terms, a daunting task to say the least.
FRED supplies the graphic: