What it shows is that the economy is producing 7.65% more GDP than it was before the recession but is using 227,000 less people to do it. (Note: 227k people equates to 0.15% of the work forces so we can say that the economy is employing about the same number of people as before.)
As Perry puts it: "The fact that we’ve been able to greatly expand national output with fewer inputs (workers) represents a huge increase in economic efficiency, but has also left us with a lingering 'jobless recovery' and an economy that is struggling to create new, post-recession employment opportunities for millions of Americans."
