Monday, May 11, 2009

Knife Grabbers: Watching the Jobs

(click on image to enlarge)
TW: This is a somewhat busy graph but to me informative. It shows job losses by % across all of the post WWII contractions. The current one is in red. One always gets into chicken and egg discussions regarding various economic metrics but without jobs economic growth just will not happen unless some sort of financial bubble is blown. Our economy just having come off the tech and credit bubbles is not likely to enter another one. So we need jobs, what on the horizon will generate profound job growth?

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