Job Losses Intensify

click on chart to enlarge

This chart illustrates what the loss of 3.6 million jobs over 18 months looks like.-Lou

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.

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.

Source:
http://globaleconomicanalysis.blogspot.com/2009/02/employment-cycles-during-recessions.html