{"id":27297,"date":"2011-07-16T19:41:27","date_gmt":"2011-07-16T19:41:27","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/number_of_the_week_5_unemployment_could_be_over_a_decade_away\/"},"modified":"2011-07-16T19:41:27","modified_gmt":"2011-07-16T19:41:27","slug":"number_of_the_week_5_unemployment_could_be_over_a_decade_away","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=27297","title":{"rendered":"Number of the Week: 5% Unemployment Could Be Over a Decade Away"},"content":{"rendered":"<p>U.S. employers have added 757,000 jobs to their payrolls in the first half of this year. That actually wouldn\u2019t be so bad if there weren\u2019t so many people out of work. The June unemployment rate of 9.2% was well above the 5% it logged in December 2007, when the recession got under way.<\/p>\n<p>What would it take to get the unemployment rate back down to 5%? Much stronger growth in jobs \u201d\u201d or a whole lot of time. Here\u2019s a back-of-the-envelope calculation&#8230;.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/economics\/2011\/07\/16\/number-of-the-week-5-unemployment-could-be-over-a-decade-away\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. employers have added 757,000 jobs to their payrolls in the first half of this year. That actually wouldn\u2019t be so bad if there weren\u2019t so many people out of work. The June unemployment rate of 9.2% was well above<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=27297\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,597,596],"tags":[],"class_list":["post-27297","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-laborlabor-unionslabor-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27297"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27297\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}