David Goldman: Here’s Why Unemployment Will Remain In Nosebleed Territory FOREVER

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David Goldman: Here’s Why Unemployment Will Remain In Nosebleed Territory FOREVER

Credit market specialist and overall brilliant writer David Goldman has an excellent essay at First Things.

In it he takes a long-term look at various economic boom and bust cycles — what jobs were destroyed in each recession, and which industries took their place.

He writes:

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