If the economy adds about 208,000 jobs per month, which was the average monthly rate for the best year of job creation in the 2000s, then it will take until June 2023 — another 12 years — to close the job gap. Given a more optimistic rate of 321,000 jobs per month, which was the average monthly rate for the best year of job creation in the 1990s, the economy will reach pre-recession employment levels by May 2016 — not for another five years.
Source: Huffington Post. May the perpetrators of the Wall Street debacle burn in hell. See The Big Short and All The Devils Are Here for a tour of their names and firms.
