Much worse. Deeper, more prolonged losses. Recovery uncertain at this time.
A picture is worth a thousand tragic words:
One thought on “How Does this Recession Compare to Other Post-WWII Recessions?”
Notice — in the following graph based on BLS data — the discouraging net number of people moving from both the “Unemployed” and “Employed” categories into the “Not in Labor Force” category:
One thought on “How Does this Recession Compare to Other Post-WWII Recessions?”
Notice — in the following graph based on BLS data — the discouraging net number of people moving from both the “Unemployed” and “Employed” categories into the “Not in Labor Force” category: