Willy AgainFebruary 8, 2009 Tim WorstallNewspaper WatchWhich alternative universe does Will Hutton inhabit? The worst postwar recession was between 1979-81. Then, unemployment rose to 5.5% of the workforce and did not materially fall for eight years. 5.5%? We\’d dream of that rate in a recession! previousTwitnextHotpots and tosspots Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.
