The current state of the US economy explained in one chart | AEIdeas:
"3. The fact that the US economy is producing 5.6% more output now than in 2007 with 2 million fewer workers would explain why corporate profits are at record levels and more than 40% above the pre-recession peak (not adjusted for inflation).
4. The chart above also illustrates the fact that the US economy is in another “jobless recovery,” with a full economic recovery when measured by real output, but with a weak recovery when measured by employment levels, with a stubbornly high jobless rate and sluggish job growth."