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Strategies & Market Trends : News Links and Chart Links
SPXL 222.94+1.0%Dec 3 4:00 PM EST

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To: Les H who wrote (17681)10/2/2009 9:41:29 AM
From: Les H  Read Replies (1) of 29601
 
COTD - Nonfarm Payrolls

Today, the Labor Department reported that nonfarm payrolls decreased by 263,000 in September. As a result, today's chart provides some perspective on the US job market. Note how the number of jobs has steadily increased (top chart) over the long-term. During the last economic recovery, however, job growth was unable to get back up to trend (first time since 1960). More recently, nonfarm payrolls have pulled away from its 50-year trend by a record percentage (bottom chart). In fact, the number of US jobs is currently at level first seen in early 2000.

chartoftheday.com
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