Excellent chart via Calculated Risk. It looks like we're in a whole different territory of anti-superlatives in terms of length & depth in regards to the employment drought....
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Two interesting graphs from Calculated Risk. The first shows that the changes in GDP seem during the last recessive are on a par with those of the early 1980s and before (though we don't know if we're in a U or V shaped recession yet, though the odds are probably more U than V right now). But the…
Calculated Risk has a great chart showing GDP fluctuations which puts into perspective just how big a downtown the Great Depression represented, and how it compares to the current one. For the population ~30 and under the current downswing is already 3 times more extreme from the peak than any…
There are some things to be said for staring at scatterplots and times series plots
Calculated Risk, in case you hadn't heard, is one of the best economics and finance blogs on the Net.
Bill at CR is a demon for generating plots:
This one is Business Outlook Survey - question is, of course, what…
[Pardon the delay!]
Watching the fish tank in the pediatrician's waiting room:
Younger offspring: Those fish are playing tag!
Dr. Free-Ride: It kind of looks like tag, doesn't it?
Younger offspring: Except since they don't have hands to touch each other, I think they're using their mouths.
Dr. Free…
It's relative to record employment rates; don't you think that skews the axis of the chart?