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.
Take advantage of this little-known tax "loophole"
Recent tax increases have affected nearly every American taxpayer. But with the right planning, you can take steps to take control of your taxes and potentially even lower your tax bill. In our brand-new special report "The IRS Is Daring You to Make This Investment Now!," you'll learn about the simple strategy to take advantage of a little-known IRS rule. Don't miss out on advice that could help you cut taxes for decades to come. Click here to learn more.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.