Monday, June 09, 2014

Things Are Getting Better


From Calculated Risk:  US finally regains all the jobs lost in the last recession.  Note however that we are still behind in job creation when population gains are taken into account.

Note the one headwind to job creation is employment in the public sector.  



That is according, again to Calculated Risk, overall employment at the local, state and Federal levels which has lagged in this recovery.  This is a headwind that could change for the better as governments at all levels start to see improvements in their own finances.  One thing I know from almost 30 years living in Chicago is that politicians love to hire folks.