Saturday, June 4, 2011

The US Has To Create 250K Jobs A Month For 66 Months To Return To December 2007 Unemployment By End Of Obama's Second Term....

Following the most recent NFP disappointment, the simple math indicates that for the US to return to its December 2007 level of unemployment, when factoring in the natural growth of the labor force of 90k people a month, the economy will need to add 250k jobs a month for the next 66 months; or until the end of Obama's now very implausible second term. (Or is it implausible? I can't decide if it is or not - I mean, who's going to run against him? Will the GOP produce anybody who can actually win an election?)

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