Graph of the Day for February 8, 2010

"While unemployment remains a severe problem, today's employment report contains encouraging signs of gradual labor market healing.  Even as today's numbers contain signs of the beginning of recovery, they are also a reminder of how far we still have to go to return the economy to robust health and full employment."

Christina Romer, chairwoman of the White House Council of Economic Advisers, February 5, 2010, upon news that the unemployment rate in January was 9.7%, down from 10.0% in December.



Source:  Innocent Bystanders.


Source:  St. Louis Fed, PAYEMS series.


Hoven's Index for February 8, 2010


Number of (non-farm) jobs lost in January 2010:  20,000

Number of jobs lost in all 2009:  4,781,000

Number of jobs lost since December 2007 (peak):  8,424,000

Source:  St. Louis Fed, PAYEMS series.


Initial jobless claims (seasonally adjusted), last four weeks:

Jan 2:  449,750
Jan 9:  440,750 (down 9,000)
Jan 16:  446,750 (up 6,000)
Jan 23:  456,250 (up 9,500)
Source:  St. Louis Fed, IC4WSA series.

Graph of the Day Archive.

"While unemployment remains a severe problem, today's employment report contains encouraging signs of gradual labor market healing.  Even as today's numbers contain signs of the beginning of recovery, they are also a reminder of how far we still have to go to return the economy to robust health and full employment."

Christina Romer, chairwoman of the White House Council of Economic Advisers, February 5, 2010, upon news that the unemployment rate in January was 9.7%, down from 10.0% in December.



Source:  Innocent Bystanders.


Source:  St. Louis Fed, PAYEMS series.


Hoven's Index for February 8, 2010


Number of (non-farm) jobs lost in January 2010:  20,000

Number of jobs lost in all 2009:  4,781,000

Number of jobs lost since December 2007 (peak):  8,424,000

Source:  St. Louis Fed, PAYEMS series.


Initial jobless claims (seasonally adjusted), last four weeks:

Jan 2:  449,750
Jan 9:  440,750 (down 9,000)
Jan 16:  446,750 (up 6,000)
Jan 23:  456,250 (up 9,500)
Source:  St. Louis Fed, IC4WSA series.

Graph of the Day Archive.

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