Bill McBride — Update: When will payroll employment exceed the pre-recession peak?

Right now it appears payrolls will exceed the pre-recession peak in mid-2014.

Currently there are about 1.5 million fewer payroll jobs than before the recession started, and at the recent pace of job growth it will take about 8 months to reach the previous peak.

Of course this doesn't include population growth and new entrants into the workforce (the workforce has continued to grow).

Calculated Risk
Update: When will payroll employment exceed the pre-recession peak?
Bill McBride