Two more interesting charts related to NFP (Our earlier chart collection is here).
Originally published at The Big Picture and reproduced here with the author’s permission.
The only sectors showing real growth in employment are Education, Health Care and Government employees (i.e., Census takers for 2010)
CHANGE IN TOTAL NONFARM EMPLOYMENT
December 2007 through October 2009
Chart via Office of Thrift Supervision
The change in hours worked appears to be part of a longer term secular trend. Regardless, this is just ugly, even with the recent improvements:
Average Weekly Hours: Total Private Industries (SA, Hrs)
Chart via Asha G. Bangalore, Northern Trust Global Economic Research
Originally published at The Big Picture and reproduced here with the author’s permission.
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