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The Current Post-Recession Labor Market in Historical Perspective

In terms of the speed of the unemployment rate decline after the recession unemployment peak, we are not doing that badly:

Microsoft Excel

In terms of the speed of the recovery of the labor-force participation rate after the recession unemployment peak, we are doing uniquely badly indeed:

Microsoft Excel 1

And the same holds for the recovery of the employment-to-population ratio:

Microsoft Excel 2

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