Private sector job creation in the 2001 recession recovery
is the worst on record in the post WWII period:

Private Sector Job Creation (2001 Recession/Recovery)
Click for larger graphic

4_years_after_recession_private_sector

Source: EPInet

To merely keep up with Population growth, the economy
requires ~150k new positions created per month. That is not happening now on an
ongoing basis. If this expansion – modest though it may be – is going to
continue, a string of job creation in the 150k plus for several continuous
months is required.

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