Since the early days of the recession there's been a lot of talk about whether the U.S. would experience the equivalent of Japan's "lost decade" of economic stagnation in the 1990s.
Business Insider, citing data from Deutsche Bank, shows that there's one way our current economic doldrums are different from Japan's, and it's not necessarily something to celebrate.
When Japan's economy hit the skids in the early 1990s, Japanese companies largely held onto workers even as the economy slumped along.
In the U.S., however, companies were quick to slash jobs by the millions, and they haven't been eager to hire those workers back. Although the National Bureau of Economic Research said this week that the recession officially ended in 2009, unemployment remains startlingly high. The U.S. unemployment rate was 9.6 percent in August, with about 14.9 million people looking for work.