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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GraceZ who wrote (69771)9/14/2006 11:35:26 PM
From: regli  Read Replies (2) of 110194
 
"... By the late 1970s you couldn't buy a job. ..."

Actually Grace, after looking a little deeper, you were completely off base and my personal experience was representative for the U.S. as a whole during the late 70s. Note that these figures would look even better if not for the changes made to the unemployment figures during the Reagan and Clinton administrations.

In fact the late seventies were across the board a low unemployment period.

bls.gov
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