From Business Insider, here’s a depiction of the current employment recession compared with other recoveries we’ve had since 1948. Of course, everything’s going to be fixed once (zero)bama (*DfOaLG) unveils his top secret super duper jobs plan. So, no worries, right?
It's as though the recovery is being pulled down by some kind of anchor around its neck. Wait, we know exactly who that anchor is.
What the chart (made by Calculated Risk) shows is the trajectory of job losses and gains during the great recession, compared to previous recessions. So as you can see, the depth of the decline was much worse than any other recession, and what’s more, the pace of the recovery is much weaker than in previous ones. Over a year it was looking as though the recovery might be kind of V-Shaped (a really big, wide V), but now it’s clear that the comeback won’t look anything like the decline. And now the comeback is basically flatlining.
via CHART OF THE DAY: THE SCARIEST JOBS CHART EVER.
*Descended from Olympus and Lightworker Geeenius, on the order of Wile E. Coyote
