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Household Employment from Peak
Posted By Barry Ritholtz On February 9, 2009 @ 3:49 pm In Data Analysis,Employment | Comments Disabled
One final visual look at the Employment situation that’s worth looking at: The chart below shows the recession decrease in Employment from the peak of NFP per Household:
Chart Courtesy Spencer England Equity Review (SEER).
Spencer England points out when showing employment in cycles (like the prior few charts) it is preferred to index the numbers to a comparable scale to reflect labor force growth rather than in thousands.
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