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Chart of the Week: Nonfarm Payrolls (% change from recession end)

Posted By Barry Ritholtz On May 24, 2004 @ 2:53 pm In Finance | Comments Disabled

Highlighting the fact that markets anticipate economic events, we see payroll picture is finally improving. Although this post-recession cycle clearly lags previous recoveries, job creation is finally moving in the right direction.

Nonfarm Payrolls (% change from recession end)employment_post_recession
Source: BLS [1], Chart of the Day [2]

This graphic will be significant for both the broader economy as well as the closely contested U.S. Presidential election.

Random Items:
At Least the Contrarians Are Smiling [3]
Unwinding the “carry trade” via Bank Mergers [4]
High gas prices tarnish SUV’s appeal [5]
Blind Into Baghdad [6]
Lobbyist Spending Increasing [7]
Was the Bubonic plague a virus? [8]

Quote of the Day:
“The average investor desires to be told specifically which particular to buy or sell. He wants something for nothing. He does not wish to work
- William Lefevre Reminiscences of a Stock Operator, 1928 [9]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/05/chart-of-the-week-nonfarm-payrolls-change-from-recession-end-3/

URLs in this post:

[1] BLS: http://bls.gov/

[2] Chart of the Day: http://www.chartoftheday.com/

[3] At Least the Contrarians Are Smiling: http://nytimes.com/2004/05/23/business/yourmoney/23stra.html

[4] Unwinding the “carry trade” via Bank Mergers: http://www.bankstocks.com/article.asp?type=1&id=9880269

[5] High gas prices tarnish SUV’s appeal : http://www.csmonitor.com/2004/0521/p03s01-usec.html

[6] Blind Into Baghdad: http://www.theatlantic.com/issues/2004/01/fallows.htm

[7] Lobbyist Spending Increasing: http://www.public-i.org/hiredguns/report.aspx?aid=275&sid=300

[8] Was the Bubonic plague a virus?: http://news.bbc.co.uk/1/hi/health/3735943.stm

[9] Reminiscences of a Stock Operator, 1928: http://www.amazon.com/exec/obidos/ASIN/0471059706/thebigpictu09-20

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