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Back to Which Way, L.A.?

Which Way, L.A.?

Is a 'Jobless Recovery' Not a Recovery after All?

The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. The average rate of unemployment is 9.8 percent and it’s rising. How long will it take for the economy to replace all those lost jobs? Where will the new jobs come from?

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By Warren Olney • May 12, 2014 • 1 min read

The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. The average rate of unemployment is 9.8 percent and it’s rising. How long will it take for the economy to replace all those lost jobs? Where will the new jobs come from?

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Katie Cooper

    Producer, 'One year Later'

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    Andrea Brody

    Senior Producer, KCRW's Life Examined and To the Point podcast

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

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    Sudeep Reddy

    Wall Street Journal

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    Peter Goodman

    New York Times / International Business Times

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    Ellen Hartnett

    temporary employee

    News
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