Friday, April 24, 2009

Historical Jobs Data




It is interesting to note the relative performance of the jobs market over the last 70 years. Growth in jobs seems to have peaked and is now experiencing a downward trend.

Change in non-farm payrolls from beginning to end of recessions:

Start

End

Change

Nov-73

Mar-75

-1.62%

Jan-80

Jul-80

-1.07%

Jul-81

Nov-82

-3.08%

Jul-90

Mar-91

-1.13%

Mar-01

Nov-01

-1.21%

Dec-07

?

-3.72%

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