Change in US Employment Recession/Recovery
Posted By Barry Ritholtz On March 31, 2010 @ 2:45 pm In Data Analysis,Employment | Comments Disabled
If you found the prior post on Employment too cheerful, well, have a gander at these charts, courtesy of The Federal Reserve Bank of Minneapolis [1] by way of Jim Picerno’s Capital Spectator [2].
This is a fascinating look at where in each post war recession the recovery can be marked as beginning.
Have a look at the bottom chart; If the 2007-09 Recession end up being anything like the 2001 recession, we are still 4 or 5 years away from a full jobs recovery back to employment levels prior to the crash.
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The Recession and Recovery in Perspective
click for interactive version
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Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/03/change-in-us-employment-recession/
URLs in this post:
[1] The Federal Reserve Bank of Minneapolis: http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/
[2] Capital Spectator: http://www.capitalspectator.com/archives/2010/03/will_good_frida.html
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