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The Depressing Jobs Chart That Puts the Numbers in Perspective


Last week, the jobs report had many excited: unemployment hit a two-year low. Then we brought you a chart and fact that showed while the numbers were good, there's still a long way to go. Now, here's another one of those charts from via Business Insider.

"Of course, the structural problem of America’s labor market is unchanged, because of population growth during that same time period," writes Gregor MacDonald. "At current rates of 'jobs growth' it would take until 2016 to regain the employment highs of 2006-2007."

Here's the chart that shows what he's talking about:

Read more here, as well as see a bonus chart about California's dismal unemployment.

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