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Re:Hallmark of an Economic Ponzi Scheme by Retric on Thursday June 14, 2018 @09:52AM (#17311657)
The page you linked: https://fred.stlouisfed.org/series/LES1252881600Q Is employed wages which is why it went up from 2007 to 2009. It's really not measuring what you're describing.

https://www.statista.com/statistics/192398/employment-rate-i...

Employment rate in the United States from 1990 to 2017. 63% in 07 60% in 2017. So we still have not gotten back, and it's still down.

PS: On very long timescales employment rate is a poor metric, but over the short term it says a lot more about the economy than 'unemployment' rate or employed wages. It for example very clearly shows the last 2 recessions unlike employed wages.

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