Job Losses in Recent Downturns

Why does this chart look so familiar . . .?

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via NYT

Oh, thats why:

Job Losses: Comparing Recessions (February 7th, 2009)
http://www.ritholtz.com/blog/2009/02/job-losses-comparing-recessions/

Post WWII Recession Job Recoveries (Months) (February 9th, 2009)
http://www.ritholtz.com/blog/2009/02/post-wwii-recession-job-recoveries-months/

Job Losses in Post WWII Recessions (February 9th, 2009)
http://www.ritholtz.com/blog/2009/02/job-losses-in-post-wwii-recessions/

Household Employment from Peak (February 9th, 2009)
http://www.ritholtz.com/blog/2009/02/household-employment-from-peak/

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Source:
Job Losses Hint at Vast Remaking of Economy
PETER S. GOODMAN and JACK HEALY
NYT, March 6, 2009
http://www.nytimes.com/2009/03/07/business/economy/07jobs.html

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