I did some fact checking over at bls.gov; in particular, the job growth
numbers by decade starting with 1940. Here are the results:
1940-1949 11.977 million jobs created
1950-1959 10.659 million jobs created
1960-1969 17.065 million jobs created
1970-1979 19.429 million jobs created
1980-1989 18.140 million jobs created
1990-1999 21.723 million jobs created
2000-2009 0.944 million jobs LOST.
Job creation drove off a cliff in the 2000’s; the bls.gov site does not
have numbers before 1939 so I can’t contrast the 1930’s with today. There
is talk that we will be heading into another “Lost Decade” which would make
for two lost decades, easily surpassing in length of time the Great
Depression. Is that what we are heading for? Another Great Depression that
does not have a troth as deep but lasts much longer?
By: ChuckL on May 23, 2010 at 9:43 am
I happened upon your post and, being a skeptic, I checked the BLS site. Nice work!
The 2009 data has been “corrected” since you did your post and the total for 2009 is now -2.752 M jobs. This means you last line is: