Job Recovery

US Jobs Gap / States are closely mirroring the nation in terms of pace of recovery

Somewhat surprisingly, in contrast with past cycles a state’s job-growth performance in the recovery to date appears largely uncorrelated to its rate of job loss in the 2008 downturn. The job-growth rates in the ensuing recovery are clustered in a fairly tight range around the 4.8 percent U.S. average, suggesting that states are closely mirroring the nation in terms of pace of recovery Continue reading →