Graph for the Day for February 5, 2011

"The unemployment rate declined by 0.4 percent to 9.0 percent, down 0.8 percent in the last two months... And we continue to create jobs... I am encouraged by the drop in the unemployment rate and convinced that the actions taken by the administration have helped drive this recovery."  Secretary of Labor, Hilda L. Solis, February 4, 2011.

Sources:  Geoff, via AoSHQ, and the St. Louis Fed/FRED.

Hoven's Index for February 5, 2011

Net jobs lost since end of recession (June 2009-Jan2011):  228,000

Jobs gained in past year (Jan 2010 to Jan 2011):  984,000

Years to reach 2007 peak in jobs at that pace:  7.8 (Nov. 2018)

Source:  St. Louis Fed/FRED.

Graph of the Day Archive.