Note that the lowest employment to population percentage was 57.6% in January 2011, prior to which our government was telling us that the employment situation was well into recovery from the recession which they had declared over much earlier than that in June 2009. Now, in January 2014, the employment percentage is a miserly 58.1% according to the BLS. In fact, it is really 58.0% on the same basis that the earlier employment numbers are given. In March 2013, the BLS recategorized some workers who work in the home from the farm sector to the non-farm sector. That re-categorization caused an artificial increase in the employment to population ratio, giving the government a desperately needed apparent increase in jobs.
So let us examine how far the jobs recovery has occurred in this never-ending recession. The present 58.0% is an employment to population ratio which is only 0.4% higher than that of the worst January of the entire recession. Since the drop in the employment ratio from January 2007 prior to the recession to January 2011 at the depth of the jobs recession was 5.0%, the extent of a jobs recovery is