Federally Touted ‘Economic Recovery’ – Data Shows Otherwise

By Robert Ross
04/25/2011
Although the Obama Administration claims the U.S. is in an economic recovery, evidenced by a fall in the official unemployment rate, the employment-to-population ratio, is now lower than it was when the recession officially ended. Additionally, since 2009 the number of people who have been out of work for more than six months has increased 40 percent.

TAGS: Alan Krueger, Bureau Of Labor Statistics, Economic Recovery, Edward Leamer, Employment-to-population ratio, John Goodman, Michael Spence, National Center for Policy Analysis, Robert Higgs, Unemployment Rate