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Jobs Recession Now 49 Months: Longest Since WWII
By ED CARSON, INVESTOR’S BUSINESS DAILY
Posted 08:38 AM ET
The U.S. economy added 227,000 jobs in February vs. expectations for 206,000, continuing a recent trend of decent hiring activity. The unemployment rate held at 8.3%.
But America remains mired in the longest jobs recession since the Great Depression. It’s been 49 months since the U.S. hit peak employment in January 2008. And with nonfarm payrolls still 5.33 million below their old high, the jobs slump will continue for several more years.
https://news.investors.com/article/603791/201203090838/jobs-recession-is-longest-since-depression.htm