Saturday, December 8, 2012

The Scariest Job's Chart Ever Get's Scarier & Scarier


From e.businessinsider.com

Despite the strong jobs report, the employment situation in America remains depressing. 

Once again, we go back to Calculated Risk, which compares the trajectory of this recovery (red line) with all other post-WWII recoveries. 

As you can see, the pace of the downturn was far more severe than anything in previous recessions, and the long march back to pre-recession levels remains incredibly slow. 

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