Graph comparing job losses in US recessions

I came across this graph that compares US job losses in the current recession to losses in previous recessions.

  • The graph shows losses as a percentage of the peak
  • The current recession has already seen more jobs lost than the 2001 recession
  • Employment statistics are notoriously sneaky. For instance over the years the definitions have changed so comparisons are tough
  • It looks like the current recession is going to be a biggy

Job loss comparison graph

  • http://www.shane-holden.com Shane

    I think the current one is going to be a biggy for sure. I'd like to see an updated version of that graph each month to reflect the changes.

  • http://alistairpott.com/ alistairpott

    Yeah that would be great – watch that nasty red line drop.

    I just wonder how accurate the statistics are…

  • http://alistairpott.com/ alistairpott

    Yeah that would be great – watch that nasty red line drop.

    I just wonder how accurate the statistics are…

  • Sschilbrack

    That graph is a thing of beauty. Very informative. Illustrative. Clear. Tells a story. Thanks