Thread: Jobs Chart: 8 million Jobs lost, worst since the Great Depre

To date in this recession, we've lost more than 8 million jobs. The decline as a percentage of the workforce is the worst since the Great Depression

The Scariest Jobs Chart Ever

Henry Blodget | Jan. 10, 2010, 5:18 PM | 6,689 | comment 33

This chart from Calculated Risk shows the decline in jobs as a percentage of the work force at the peak.

To date in this recession, we’ve lost more than 8 million jobs. The decline as a percentage of the workforce is the worst since the Great Depression, matching the sharp but short drop in 1948, as the war machine wound down.

Equally important, the duration of these job losses, as well as the lack of a sharp recovery (at least so far), suggests that the problem will be with us for a long while. We’re now 24 months into this decline, and we’re still at the bottom. By this point in most previous recessions, we had already recovered all of the lost jobs.



Here's Calculated Risk: http://www.calculatedriskblog.com/2010/ ... ad_10.html

This graph shows the job losses from the start of the employment recession, in percentage terms (as opposed to the number of jobs lost). The current employment recession is the worst recession since WWII in percentage terms, and 2nd worst in terms of the unemployment rate (only early '80s recession with a peak of 10.8 percent was worse).

Note: The total jobs lost does not include the annual benchmark payroll revision that will be announced on February 5, 2010. The preliminary estimate is for a downward revision of 824,000 jobs - pushing the total jobs lost over 8 million.

http://www.businessinsider.com/henry-bl ... ver-2010-1

You people that are Intelligent Get it... those of you too dumbed down from public education that don't get it now ... well, there ain't nothing I can do to help you

Over 8 Million Job's lost, many Millions more to Follow. You are just starting the Greatest Depression that NOW will be even worse from the policys of this Goof Ball Administration

Goofy isnt even the word that should be used ~ Mentally Challenged comes to mind but I dont want to offend those that do try to make an honest life for themselves

Impeach NOW... start the push to get these Criminally Negligent Morons out of Office and into the Unemployment line right beside you

actually.. I want them in front of me or at least within arms reach