Tell-Tale Stat: Job Snap-Back Slow In Last 2 U.S. Recessions

Filed under: Employees, Economic Data, Recession

Investors, and certainly those adults who've experienced a job loss during the recession, don't need to be snow-stormed with data to know how severe the U.S. recession has been.



Even so, the New York Times (NYT) has published a telling chart. Starting with the 1974-1976 recession, the chart tracks the ratio of that month's non-farm payrolls to non-farm payrolls at the start of the recession. Basically, the chart is a ratio of how many jobs the U.S. economy added per month in the recession vs. monthly job creation at the start of the recession.

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Tell-Tale Stat: Job Snap-Back Slow In Last 2 U.S. Recessions originally appeared on BloggingStocks on Fri, 07 May 2010 18:00:00 EST. Please see our terms for use of feeds.

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