"The U.S. economy has lost the equivalent of every job created in the past nine years...All job growth since the final year of the dot-com bubble, its recovery from the bust, and the ensuing six years of consumer-driven boom is now gone...
'This is the only recession since the Great Depression to wipe out all jobs growth from the previous business cycle, a testament both to the enormity of the current crisis and to the extreme weakness of jobs growth over the business cycle from 2000 to 2007,' said Heidi Shierholz, an economist at Washington-based think tank The Economic Policy Institute." http://www.financialpost.com/working/story.html?id=1752178 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
