Saturday, June 7, 2014

Calculated Risk Blog retires its unemployment recession chart

This tracks seasonally adjusted figures, of course. Not seasonally adjusted total nonfarm employment still has not recovered to peak under Bush.

Discussion here:

This graph shows the job losses from the start of the employment recession, in percentage terms - this time aligned at maximum job losses.  Employment is now back above pre-recession levels and this graph will be retired until the next recession (Of course this doesn't include population growth).