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Old 01-13-2011, 01:44 PM
 
55 posts, read 70,283 times
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As the U.S. continues its ongoing effort to restore the job market to health, investors might want to view the process the way they would the pursuit of a four-year college degree: Whatever efforts are put in now, the real payoff will take awhile to arrive.

All investors and job-seekers are aware of the Great Recession's impact on the job market from 2007 to 2009. About 8 million jobs were lost in the nation's worst economic downturn since the 1930s.

How Long Is America's Road Back to Full Employment? - DailyFinance
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Old 01-13-2011, 01:46 PM
 
Location: Sinking in the Great Salt Lake
13,138 posts, read 22,824,585 times
Reputation: 14116
Default How Long Is America's Road Back to Full Employment?

That depends on whether you also want fries and a drink with that burger...
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Old 01-13-2011, 02:00 PM
 
Location: Earth
24,620 posts, read 28,292,958 times
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Since we've NEVER had full employment, there is no road back.
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Old 01-13-2011, 02:02 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,878,379 times
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Quote:
Originally Posted by chielgirl View Post
Since we've NEVER had full employment, there is no road back.
5% unemployment has been considered full employment.

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Old 01-13-2011, 02:20 PM
 
10,875 posts, read 13,816,616 times
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With all the massive outsourcing, I don't see the unemployment number ever going under 8%
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Old 01-13-2011, 03:32 PM
 
Location: Texas
38,859 posts, read 25,554,711 times
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Lightbulb How Long Is America's Road Back to Full Employment?

My guess: two years, maybe longer. This is a particularly nasty recession and the recovery won't be anything better than a gradual return to a 'new normal' that may well be a lower standard of living than 2008 for many Americans.
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Old 01-13-2011, 03:33 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,878,379 times
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I believe the gov. is saying four or five years....
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Old 01-13-2011, 03:34 PM
 
6,484 posts, read 6,619,669 times
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Quote:
Originally Posted by homeless unemployment View Post
As the U.S. continues its ongoing effort to restore the job market to health, investors might want to view the process the way they would the pursuit of a four-year college degree: Whatever efforts are put in now, the real payoff will take awhile to arrive.

All investors and job-seekers are aware of the Great Recession's impact on the job market from 2007 to 2009. About 8 million jobs were lost in the nation's worst economic downturn since the 1930s.

How Long Is America's Road Back to Full Employment? - DailyFinance
depends on whether or not the dems continue to hijack the US economy for their pet projects.
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Old 01-13-2011, 03:37 PM
 
6,902 posts, read 7,540,716 times
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Quote:
Originally Posted by Calvinist View Post
depends on whether or not the dems continue to hijack the US economy for their pet projects.

I would have taken your post serious had you recognized that both parties enjoy using tax payers money for their pet projects. But hey, partisan view works for you, so carry on.
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Old 01-13-2011, 03:38 PM
 
Location: 3rd rock from the sun
3,857 posts, read 6,960,105 times
Reputation: 1817
We are in a big hole. No matter who is in Congress or the White House - 2 to 4 years.

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