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CHART OF THE DAY: Percent Job Losses In Post-WWII Recessions - Bus...

% Job Losses in Post WWII Recession

With today's punk jobs report, it's time to revisit this famous chart from Bill McBride at Calculated Risk...

What it shows is the trajectory of job losses and gains from the start of the recession and the "recovery" compared to all other post-WWII job losses and recoveries.

As you can see, this collapse was totally unprecedented compared to past ones, and the recovery was far weaker than any others.

Just check out that red line.

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