Sunday, October 10, 2010

US post recession employment

The graph below is taken from Calculated Risk, and shows US employment loss (and subsequent recovery) for all recessions from WW2 onward.
The red line is the movement in US employment from 2007 to date. I haven't been able to find analysis like this for the UK or NZ employment markets, but it is a pretty damning picture of the current US employment market.