Showing posts with label Great Recession. Show all posts
Showing posts with label Great Recession. Show all posts

Friday, January 4, 2013

One of These Things Is Not Like The Others: US Job Loss Since "Great Recession"


For those counting on the robust US economy (export-dependent countries like Japan and China, for example), good luck, unless you're selling goods to the Obama government.

From Business Insider (1/4/2013), showing the chart by Calculated Risk blog:


The "Great Recession", according to the economists in the Business Cycle Dating Committee of the National Bureau of Economic Research, started in December 2007 (huh?) and ended in June 2009 (huh?).

That's 42 months ago from the right edge of the chart above. Some recovery.