U.S. employment gap

The 52 million U.S. Employment Hole

July 14, 2020

By coincidence, the growth of nonfarm payroll employment between end-1979 and end-1989 almost exactly matched that which occurred between end-1989 and end-1999 (a.k.a. Y2K). Over that entire last fifth of the 20th century, U.S. jobs expanded at a 1.84% per annum rate, and in this first pandemic year of 2020, we are another score of […] More