The American Empire in a Changing World


Wednesday, November 14, 2012

''Full Employment Not Expected Until After the Next Presidential Election''

From The New American

''After parsing the unemployment report that was issued by the Bureau of Labor Statistics (BLS) on Friday, November 2nd, two scholars at the Heritage Foundation, Rea Hederman and James Sherk, concluded that at the present jobs growth rate it could take another five years for a full jobs recovery to occur from the Great Recession. That would place the recovery after the next presidential election in 2016, and nearly ten years after the start of the recession in December 2007.''

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