- Pace at which jobs were added throughout the late 1990s: 350,00 per month
- Years it will take to get back to an unemployment rate of 5 percent: four years if we're adding jobs at 350,000 per month; 11 years if we're adding jobs at the 2005 rate of 210,000 per month
- Jobs that were added in June: 18,000
Note: Vitus is on record as saying that it is very hard to see how we get unemployment under 8% before 2020.
Post a Comment