Over a Decade's Worth of Employment Progress Erased
Prime age employment (age 25-44) has retraced somewhat from the March low. It is now almost precisely at the level of the very LOWEST point of the 2008 Great Financial Crisis, which gives you an idea how critically bad the economy is. Twelve years of job gains erased. Stand by for complaints about "slow progress" after January 20, 2021. The scripts are being written now.