Floyd Norris over to the NY Times did some quick stats in his blog about the health of the US Labor Market in the 2000s. I’ve run similar stats before in this post titled The Six Year Pay Cut, but I wanted to pull his:
- Private Sector Jobs in 1999: 110 million
- Private Sector Jobs in 2009: 108.4 million
- Meanwhile, the US population grew by 9.8%
- During the 1990s private sector job growth soared at a rate of 21.2%
- Population growth was 13.1%
Working Thoughts 