CHART OF THE DAY: (Still) The Scariest Jobs Chart Ever

button more charts
button chart prev
button chart next

Yes, this morning’s jobs report was “good,” but we’re FAR from anything resembling a robust recovery in the labour market.

From Calculated Risk, here are all the job troughs since WWII. Note that while the recovery is very mediocre, shape-wise it’s pretty similar to 2001 and also the recession in the early 90s. It’s been ages since we’ve actually had a v-shaped jobs recovery.

chart of the day, job losses post wwii recessions, nov 2010

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.