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