Job Change Post-Recessions

Nice chart comparing the post recession job recoveries going back to 1969, via NYT:

“After the last recession ended – determined Monday to be June 2009 – employment in the United States fell at a faster pace than after earlier recessions. And this recovery looks similar to the periods of little job creation after the 1990-91 and 2001 recessions.”

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The chart below makes it clear that the post-2001 recession was an unusually long job recovery period. Post 2008-09 is likely to be even longer . . .

click for larger chart

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Source:
Recession May Be Over, but Joblessness Remains
CATHERINE RAMPELL
NYT,  September 20, 2010
http://www.nytimes.com/2010/09/21/business/economy/21econ.html

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