Estimated reading time: 0 minutes, 39 seconds

Gone Missing: Millions of American Workers

It's no secret that hundreds of thousands – even millions – of jobs were lost during the worst economic downturn since the Great Depression. So reports MSN Money.

 

What continues to baffle economists now, however, is just how many of these jobs have come back since the economy started to recover in fits and starts in 2009; how many workers have left the job market voluntarily – to retire, start a business, take care of children or elderly parents; and how many have simply given up looking because the job market remains anemic.


While there's scant argument that the economy is improving, albeit slowly, the precise reasons why so many formerly employed individuals are no longer counted in the official unemployment rate are much less conclusive.


Read the full article from MSN Money

Read 4827 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.