Fact #2

Job growth in this recovery outpaces that following the 2001 recession, but is still too slow.

-         “In the 23 months since the official end of the Great Recession, payroll has grown by 550,000 jobs. Twenty-three months after the end of the 2001 recession, payroll employment was down an additional 773,000 jobs. However, the length and severity to the Great Recession means that we are in a much deeper hole…we are still down a larger percentage of jobs (5%) than at any single point of any post-WWII recession.”