Friday, January 15, 2010

Sober Up...

The graph at right (click to enlarge) shows the job losses over time in this recession (in red) as compared with other recessions since World War II. 

It's not a happy picture.  By extrapolation, we haven't hit the job-loss bottom of this recession yet.  Other indicators are improving, but for many people job losses are what hits home the worst – and clearly we have a ways to go yet on recovery in this recession.

More here.

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