The Learning Curve

New tricks for an old dog.

Best Economics Chart Ever – The Great Recession

The unemployment situation in the U.S. has been a major concern for economists when considering an economic recovery from the “Great Recession”. The most recent “peak employment” level was in November 2007. The following chart shows every recession, and employment recovery, of the U. S. economy since World War II for comparison of depth and duration. The present employment situation is shown in RED, beginning at the top left at the November 2007 peak. The horizontal scale measures the number of months after that peak, and it also shows when President Obama took office in January 2009. If anyone says Obama “made things worse,” remember this chart.

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Written by Tom Fox

08/12/2012 at 1:39 pm

Posted in Politics

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