a wee little factoid

From snippets in the NYTimes, Robert Oak at EconomicPopulist found something I betcha you don’t know, America.

Newest sign for Gall Street“…from July 1999, when the economy was booming and companies were complaining about how hard it was to find workers, through July of this year, when the economy was mired in the deepest and longest recession since World War II.

“For the decade, there was a net gain of 121,000 private sector jobs, according to the survey of employers conducted each month by the Bureau of Labor Statistics.”

In an economy with 109 million jobs, the annual growth rate for 10 years is 0.01 percent.”