Thread: Addiction I
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Old 04-24-10 | 10:15 PM
  #3164  
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rjones28
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Originally Posted by patentcad
I never said things were happening fast. But they are turning far harder than anyone would have ever expected 12-18 months ago. I don't know if you recall, but it was seriously the End of friggin Days there for a while. Even in a normal recovery (and this is looking more like one of those with each new data point) employment takes years to approach pre-recession levels.
Incorrect.

It normally takes 9 to 10 months for jobs to regain their pre-recession peak (in the post-ww2 era). The exceptions were the 1990s when it took 2 years and the 2000s when it took a little more than 3 years.
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