2030?

Krugman writes today:

So, we have a “strong” jobs report — with total employment still 7 1/2 million less than it was three years ago, we had job gains slightly higher than the number needed to keep up with population growth.

At this rate we’ll return to full employment around 2030 or so.

This is with current economic policies and not including rising energy and global warming costs.  Including those terribly relevant factors, we’ll have full employment when?  Never – without a major restructuring of our entire economy.