The Jobless Recovery and Other Fairy Tales

December 7th, 2009. Published under Economic News. No Comments.

What is a “Jobless Recovery?” Ever heard the joke about economists? “If you laid all the world’s economists end to end, they still wouldn’t reach a conclusion!” The term “jobless recovery” has been bandied about recently to describe the “end of the recession,” and I’ve decided to add my ten-cents worth. The term was first

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The Jobless Recovery and Other Fairy Tales