Six Million Missing Jobs: The Lingering Pain of the Great Recession

Source: Anthony P. Carnevale, Tamara Jayasundera and Artem Gulish, Georgetown University, Center on Education and the Workforce, December 2015

From the key findings:
The economy continues to add jobs at a steady pace and the Federal Reserve Board is considering its first interest rates hike since the beginning of the recession. Six Million Missing Jobs: The Lingering Pain of the Great Recession shows that the effects of the Great Recession still linger in the form of 6.4 million jobs that were not created, including 3 million college jobs.

• Eight million jobs were lost between 2007 and 2010.
• If the Great Recession did not occur, the total employment would be at 155.3 million jobs.
• Since the recovery began in 2010, the economy has created 10.6 million new jobs bringing the total employment to 148.9 million jobs.
• Three million of the missing jobs would have gone to workers with at least some college education.
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