The Commonality of The “Jobless Recovery” Belief

The following story from will serve as a good prelude to a series of posts I will write on joblessness and hiring.  It discusses the widely-held (among economists) view that we are entering a “jobless recovery.” :

It is important to note the commonality of the concept in economists’ forecasts.

As I mentioned on June 9, I believe the term “jobless recovery” is a euphemism.

SPX at 976.25 as this post is written