Comments on economics, mystery fiction, drama, and art.

Tuesday, January 10, 2006

Employment Growth in Recoveries

Since World War II, the average monthly percentage growth in employment from the trough of a recession to the peak of the recovery (both measured in terms of employment) has been 0.238% per month. Generally, employment growth has been fastest in the early months of the recovery. Which of these recoveries does not look like the others?


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