According to the Bureau of Labor Statistics which keeps records of employment numbers dating back to 1939, following a recession, employment rates tend to recover back to pre-recession peak employment rates within 2-3 years. Since the current recession began seven years ago however, job numbers have still not recovered to peak pre-recession levels. Has this now truly become a generational recession?
In this segment from Friday's Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss today's jobs numbers, and when the economy will finally feel strong again.
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