Sunday, February 8, 2009

Job losses chart

Here's a look at the job losses in the last three recessions, and the current one, courtesy of the House of Representatives. (I added the 1981-2 recession figures)




Note that numbers aren't corrected for size of economy or population. Each of the past three recessions had an "oh shit" moment where job losses pointed straight to hell, too. But if the current trajectory continues much longer, we're in big trouble.

1 comment:

Anonymous said...

I'd be interested in seeing the 73-74 recession on the chart.