The decade now coming to an end delivered an underappreciated benefit to Americans that they’d surely notice if it were missing: Extraordinary job growth.
While it’s true, as we wrote in an accompanying editorial, that the 2010s don’t yet have a defining cultural or political identity (Decade of tech? Global warming? Trump? Too soon to say), what’s certain is 2019 marked the longest economic expansion in U.S. history. The economy’s been growing for more than 10 years, since June 2009 when the Great Recession lifted.
Economic growth begets job creation, so think of the 2010s as the decade of expanding opportunity and prosperity for American workers. Yes, it’s true.
In early 2010, the U.S. unemployment rate