The recovery reached a milestone in May: The U.S. economy finally has more jobs than when the recession began in December 2007.
Don’t get too excited, though. As I argue in a new FiveThirtyEight feature, this was, at best, a symbolic achievement. The U.S. has added 6 million working-age adults since 2007. Adjust for population growth and we’ve seen hardly any recovery at all. And while employment may be back to prerecession levels, unemployment isn’t even close.
via The Jobs Recovery Remains Incomplete | LinkedIn.
