by Calculated Risk on 12/04/2010 11:50:00 AM

A repeat of a key graph ...

Click on graph for larger image.

This graph shows the job losses from the start of the employment recession, in percentage terms.

The dotted line shows payroll employment excluding temporary Census workers.

This is by far the worst post WWII employment recession.

This second graph shows the same information aligned at maximum job losses.

Not only is this the deepest post WWII recession in terms of payroll job losses, but the recovery is very sluggish. I'll have more on employment later today ...

Employment posts yesterday:
• November Employment Report: 39,000 Jobs, 9.8% Unemployment Rate
• Employment Summary and Part Time Workers, Unemployed over 26 Weeks
• Seasonal Retail Hiring: Retailers remain cautious
• Graphics Gallery for Employment