Hoisted from Archives: The Jobless Recovery (July 20, 2009)

You know, I really wish that I had not been just talking to myself...

From July 20, 2009: The jobless recovery has begun - The Week: Last December, economists forecast [average:] 2009 unemployment at 7.8 percent. As of this writing, it seems likely to be 9.3 percent or higher—at least 1.5 percentage points higher than originally estimated.... [T:]he next stretch of road bears all the marks of a jobless recovery. Back in the 1960s one of President Johnson's economic advisors, Brookings...