The Sad Unemployment Picture Now Compared to the 1982 Recession Recovery

“The chart below via John Taylor  shows the change in the employment-to-population ratio—the percentage of working age population that is actually working–now compared with the end of the 1982 recession. The current increase in jobs is not enough to employ a greater fraction of the working population. Blame it on growing regulations businesses are forced to deal with, minimum wage laws and the confusion and unknown costs associated with Obamacare.”

http://www.economicpolicyjournal.com/2013/08/the-sad-unemployment-picture-now.html

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