The Americans have the least confidence in finding a new job since 2013, the depths of “unemployed recovery” after the great recession

The term “unemployed recovery” precedes the great recession that began in 2008, but it took many years until the economy dared to restore all the jobs lost in the accident after the mortgage bubble decreased without mortgage. At its peak, unemployment increased to 10 % in late 2009, just decreased to less than 8 % by 2013 – more slow than previous recovery. Labor owners have slowly regained salary lists, but the deficit of the stagnation was so vast that even in mid -2014, the economy regained only 8.7 million jobs that he lost since 2007. Many workers spent months, for years, looking for jobs, and long -term unemployment reached its highest levels.

Budget and Politics Priorities Center, Non -Partisan Research Tank, The great recession is clearer The large and unusual “output gap” has created between the actual and potential gross domestic product, which is manifested in large extra unemployment and missing labor. It took until 2017 to conclude this output gap, according to the Congress Budget Office in August 2018 Economic outlook and budget Estimates – until then, the economy has not resumed the possibility of the possible gross domestic product by the accident.

Even in 2017, millions of Americans who wanted jobs were unable to find them, or they were unable to get part -time work. The “stagnation” labor market-which is also due to standardized standard levels and worked at work-record levels, and the share of the population who have a job that decreased to the mid-1980s.

Why is very bleak?

The Federal Reserve in New York, which surveyed the rotating national committee, which includes about 1,300 family presidents, follow inflation, price, labor market, and financial morale. Other results were more moderate than pessimism over unemployment in the future.

The profit growth forecast has decreased to 2.5 %, remaining less than average for 12 months and in a long -term range since 2021. The average potential unemployment will be 1.7 points to 39.1 %, and remain higher than the annual average. Fears of job loss increased to 14.5 %, higher than average, while the possibility of leaving voluntary function decreased to 18.9 %, slightly lower than average.

More respondents said they felt badly compared to last year, and informed a smaller share of a better financial situation, and the expectations were more attractive to the future. A greater share of families expects a worse financial situation, while a larger share of families expects a better financial position a year from now. Perhaps in another sign of polarization, a large percentage (38.9 %) expected that stock prices will rise next year.

Certainly, the economy is in a better place this year than it was in 2013. The past eight years were from Trump’s economies and Biden were Big to the expansionAnd if it was with the wave of inflation that was unlike anything that was seen from “”Mount inflationIn the 1970s and eighties of the last century Miscellaneous for a few yearsThen it greatly outperformed other economies around the world.

Death and depression are likely to be associated with consumers With regard to low employment This has become increasingly evident from the work statistics office reviews. The emergence of artificial intelligence and its impact on the labor market is also due to a hot discussion, but many studies indicate that Shut up some employment for beginners.

The annual reviews by BLS revealed an economy with “previously less concept”, Bill Adams, chief economist of Comeka A bank said in a statement to luck. Adams pointed out that the year 2024 was believed to be growing at a rate of 168,000 new jobs per month and 2025 at 75,000 per month, for every previous data, but this has now been reduced to 106,000 and 44,000, respectively.

“There was a huge review of the operation in the information industry,” Adams said. “The revised data appears more clearly that artificial intelligence is working to automate technical jobs.”

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