Saturday, January 5, 2013

4 Million USA Jobs Remaining to Be Restored from the Great Recession

Bureau of Labor Statistics: Employment Situation Summary

USA Jobs Gains (Losses) by Year

Using the government's seasonally adjusted data, net job losses were 8.66 million during the 2008 - 2009 Great Recession. Net job gains have been 4.70 million in the subsequent 2010 - 2012 recovery. That leaves 3.96 million jobs to be restored to get the USA to back to even, to the beginning of 2008 and before the Great Recession. This does not count any net increase in people entering the work force since the end of the Great Recession. (This is probably the best-case scenario).



USA Jobs Gains (Losses) by Month



USA Private Sector Jobs Gains (Losses) by Month



USA Public Sector Jobs Gains (Losses) by Month



$SPY $DIA $QQQ $IWM

No comments:

Post a Comment

Seeking Alpha