Chart of the week: America’s long, slow jobs recovery

Chart: Change in employment from peak level

The huge hole torn in the US labour market by the Great Recession has finally been filled in. Payrolls grew by another 217,000 last month, pushing total employment beyond 138.4 million, the peak seen in January 2008.

This milestone is another reminder of the severity of the downturn, says Robin Harding in the Financial Times. It has taken more than six years to get to this new high, twice as long as in any post-war recovery.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

Comment on this article

MoneyWeek magazine

Latest issue:

Magazine cover
Heading higher?

Or are house prices set to fall?

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

'Would you rather upset God, or have Him just ignore you?'

In the first of three interviews with Merryn Somerset Webb, Hugh Hendry, manager of the Eclectica Fund, talks about what it takes to be a good hedge fund manager – and how he learned to stop worrying and love central banks.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


21 November 1969: The first permanent Arpanet link

A milestone in the formation of the internet, the first permanent Arpanet link was established on this day in 1969 between researchers in the United States.