Graph of the Day for November 18, 2009

"Important headwinds... likely will prevent the expansion from being as robust as we would hope... Overall a number of factors suggest that employment gains may be modest during the early stages of the expansion."  Federal Reserve Chairman Ben Bernanke

Number of Jobs (non-farm) in the US Economy


Source:  St. Louis Fed, PAYEMS series


Hoven's Index for November 18, 2009


Jobs lost from December 2007 (start of recession) to December 2008:  3.078 million.

Jobs lost from December 2008 to October 2009:  4.226 million.

Jobs lost from June 2009 to October 2009 (when GDP grew):  867,000.

Most recent month in which there were job gains:  December 2007 (22 months ago).


Source:  St. Louis Fed, PAYEMS series


Graph of the Day Archive.  

"Important headwinds... likely will prevent the expansion from being as robust as we would hope... Overall a number of factors suggest that employment gains may be modest during the early stages of the expansion."  Federal Reserve Chairman Ben Bernanke

Number of Jobs (non-farm) in the US Economy


Source:  St. Louis Fed, PAYEMS series


Hoven's Index for November 18, 2009


Jobs lost from December 2007 (start of recession) to December 2008:  3.078 million.

Jobs lost from December 2008 to October 2009:  4.226 million.

Jobs lost from June 2009 to October 2009 (when GDP grew):  867,000.

Most recent month in which there were job gains:  December 2007 (22 months ago).


Source:  St. Louis Fed, PAYEMS series


Graph of the Day Archive.  

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