Truth Out discusses trends in the latest employment numbers and discusses The Hamilton Project's "jobs gap" calculator.
But replacing the jobs lost in the recession is not enough to close the jobs gap. Each month, approximately 125,000 people enter the labor force in search of work. These new entrants must be able to find jobs before unemployment returns to pre-recession levels. The Hamilton Project, a policy group dedicated to restoring broad-based economic growth, calculates that if the economy were to add 208,000 jobs a month, matching the best year of job creation in the 2000s, it would still take until August 2018 to close the jobs gap.