The federal jobs report
released Friday arrived three years after the recession ended,
according to the Federal Reserve. Yet the national unemployment
rate is still at 8.2 percent, or 12.7 million Americans – an alarming
figure that does not even include part-time workers or those who stopped
looking for a job.
According to the liberal, Washington,
D.C.-based Economic Policy Institute, the reason for this is pretty clear (though
not mentioned by either presidential campaign): What distinguishes the Great Recession recovery from the economic recoveries of the early 1990s and early 2000s is the
loss of public sector jobs. Read more »
