Friday, November 6, 2015

Full time employment finally above previous peak!

By the way, if you count workers employed full time only in August this year we surpassed the December 2007 peak, and after a fall in September, we're over again now.
So it took only about 8 years to get back were we were. Yes, the economy is peachy.

1 comment:

  1. When considered annually things change slightly. For the period between November 2013 and October 2014 2,790,000 jobs were created. For the period between November 2014 and October 2015 2,814,000 jobs were created. So an improvement of 24,000. Again not much!

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...