Vicious Capitalism

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Free Markets, Free People

 

FRED


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:

 

040212obamajobsgap

 

Enough said.

~McQ

Twitter: @McQandO