Stunning Factoid via the New York Times - No Job Growth for the last Decade

from July 1999, when the economy was booming and companies were complaining about how hard it was to find workers, through July of this year, when the economy was mired in the deepest and longest recession since World War II. For the decade, there was a net gain of 121,000 private sector jobs, according to the survey of employers conducted each month by the Bureau of Labor Statistics. In an economy with 109 million such jobs, that indicated an annual growth rate for the 10 years of 0.01 percent.

From the New York Times article, Off the charts.

Note, while the BLS claims there has been job growth in tech, software, the reality is the BLS counts foreign guest workers in those statistics. Note this time period includes the Dot Con bubble.

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