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Home Publications Graphic Economics Employment Growth After Recessions
Employment Growth After Recessions Print
April 1, 2011

While the recent acceleration in job growth is encouraging, it is still an extremely weak recovery from a downturn as severe as we have just experienced. Based on the experience of the last two severe recessions, 1974-75 and 1981-82, we should be expecting job growth in the range of 400,000 a month. Instead, we are still seeing a rate of job growth that is below the 250,000-a-month average from the 90s.

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For more, read our latest Jobs Byte.