The Age of Amerisclerosis

Itâ??s not just Obamanomics. The US is stuck in its third-straight â??jobless recovery,â? just like after the 1990 and 2001 recessions. And new research suggests this â??persistence of unemploymentâ? could mean future US recessions and recoveries will continue to resemble Europeâ??s 1980s downturn. Even after growth recovered, hiring didnâ??t. Thatâ??s when â??Eurosclerosisâ? was coined.