Slowest Recovery in Past 50 Years
Created on September 4, 2014
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Read the original report, "Not Looking for Work: Why Labor Force Participation Has Fallen During the Recovery," by James Sherk.
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It took 77 months for non-farm employment to return to pre-recession levels, the longest recovery of any post–World War II recession. The next-longest recovery lasted less than four years.
Source: U.S. Department of Labor, Bureau of Labor Statistics/Haver Analytics. Figures are for nonfarm payrolls and exclude temporary Census workers.
CHART 2 • BG 2722 (2014)
Tags: labor-force-participation, employment, unemployment, jobs, recession, recovery