The Economy is Creating Jobs, But ...
CBPP’s Chad Stone says that things are looking up for jobs in the economy, but we’re a long way from digging out of our deep jobs deficit. He argues that sharp cuts in government spending now will make it even harder to restore a healthy job market. As Stone tells us, and the chart below shows, it will take years to erase the large jobs deficit that the 2007-2009 recession created and to lower the unemployment rate to an acceptable level. Immediate sharp cuts in government spending of the kind that some policymakers are seeking will make it even harder to restore a healthy job market. Click the link below for Stone's full report.
