FEED the BULL

Welcome to Feed the Bull - A home for investment information and interaction.

Article

Nonfarm Payrolls aka Jobs – Chart of the Day

Posted, by johnrothe on August 3rd, 2012

via: Chart of the Day:The latest jobs report came out today with the Labor Department reporting that nonfarm payrolls (jobs) increased by 163,000 in July. Today’s chart puts the latest data into perspective by comparing nonfarm payrolls following the end of the latest economic recession (i.e. the Great Recession — solid red line) to that of the prior recession (i.e. 2001 recession — dashed gold line) to that of the average post-recession from 1954-2000 (dashed blue line). As today’s chart illustrates, the current jobs recovery is much weaker than the average jobs recovery that follows the end of a recession. Today’s chart also illustrates that the jobs market continues to improve at a fairly steady pace — a pace very similar to what occurred following the recession of 2001.

Authored by, johnrothe
Log in or register to post Private Message
Tickers:
JOBS
Tags:
Economy, jobs
Advertise with us

Add new comment