Can't figure out what 1) has to do with the availability of jobs
2) Between Feb 2001 and Feb 2009 private sector CONTRACTED by more than 1 million, while the labor force expanded by more than 8
3) Pretty much the story since 2011.....accelerating in 2014...
Why are you Communists so fucking dishonest?
No, the private sector did not contract between Feb 2001, and Feb 2009.
In fact, between Feb 2001, and Feb 2007, it vastly EXPANDED.
But you seek to paint this as if there was a recession all along. Sigh, the next time a Communist tells the truth will be the first time.
No, the private sector did not contract between Feb 2001, and Feb 2009.
In fact, between Feb 2001, and Feb 2007, it vastly EXPANDED.
The context was private sector employment....
All Employees: Total Private Industries
Post the numbers for Feb. 2001 and Feb 2009...
Just the numbers..... Leave the math to the Numerate.
Again, you're being dishonest. That the 2008 recession wiped out the employment growth from earlier is well known. Sadly, the housing collapse created a panic, which drove the economy FAR lower than it should have gone.
Normally I would have expected a rebound in 2009, from such a panic induced drop, But we had Obama, so it went on until 2014.....
No, you are trivializing as well as generalizing.
The crash made some permanent changes by wiping out life savings, giving people a different view on how they save, how they spend, etc.
Also, corporations were squeezed in a way that caused them to figure out how to be productive without hiring employees.
So, for example, manufacturing
output recovered quite rapidly - a steep upward curve showing near total recovery by 2013 or so. On the other hand, manufacturing
employment didn't even bottom out until 2010 or 2011, and it has shown weak growth in that same period of industry
success.
The point is that the crash, possibly along with other changes within the same years, made changes in our habits of spending and saving and has left us with significantly less employment in some sectors.