Source: Business Insider
It's jobs day in America.
This morning we learned that the U.S. economy added 155k jobs December and the unemployment rate ticked up in 7.8 percent.
Although the numbers were in line with economists' expectations, they
still reflect a job market that remains incredibly weak almost four
years into the economic recovery.
Calculated Risk runs a chart every month putting the current jobs recovery into perspective.
"This shows the depth of the recent employment recession - worse than
any other post-war recession - and the relatively slow recovery due to
the lingering effects of the housing bust and financial crisis," writes Bill McBride of Calculated Risk.
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