If we look at employment prior to the Great Recession compared to now there is a difference of 11.3 million jobs (from Bookings institute). Now how long is it going to take to return to that level? If you take the best job growth of the 2000’s it’ll be 157 months or 11years. That’s not until 2021!
If you take the best rate from the 1990’s it’s down to about 8 years! Here’s the chart with how many months it’ll take based on the rate with a couple note worthy rates highlighted.