Posts Tagged ‘Total Jobs’

What 3.6 Million Jobs Lost Over 13 Months Looks Like

2009/02/09/0630

Wake up! It’s a new week, with more terrible information! This time around, let’s look at how many jobs have recently evaporated:

jobsrecessionssm_rtfa

RTFA: http://www.speaker.gov/blog/?p=1683

This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession – showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs – and continuing job losses in the next few months are predicted.

By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.