So as you can see, the depth of the decline was much worse than any other recession, and what’s more, the pace of the recovery is much weaker than in previous ones. Ovr a year it was looking as though the recovery might be kind of V-Shaped (a really big, wide V), but now it’s clear that the comeback won’t look anything like the decline. And now the comeback is basically flatlining.
Advertisement
Read more: http://www.businessinsider.com/chart-of-the-day-percent-jobs-losses-in-post-wwii-recessions-2011-9#ixzz1Wny6SyS3
Join the conversation as a VIP Member