Re:U.S. job losses soar, jobless rate at 14-year high
by gjm on Friday November 07, 2008 @04:17PM
(#357096)
Yup. See, e.g., page 6 of http://www.policepay.net/pdf/usecon.pdf. Unemployment had a local maximum in 1992 and then went down every year until 2000.
I'm guessing you're too young to remember the whole "It's The Economy, Stupid" theme behind Clinton's first-term campaign.