Tuesday, November 15, 2011

Unemployment in the USA

Now that youth unemployment in the USA has reached similar levels to the "Arab Spring" countries, you might find it interesting to note the following:

"Increasingly long periods of high unemployment have followed the US
recessions of the last two decades. From 1945 to the 1980s, employment
rebounded roughly six months after GDP did. But in the wake of the
1990–91 and 2001 recessions, it recovered 15 and 39 months,
respectively, after GDP had returned to the prerecession peak. At recent
rates of job creation, the lag this time will be upward of 60 months". To
learn more, click:

In my view of course, the US recovery will be far swifter - provided the US adopts the right policies. Sphere: Related Content

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