These charts are delayed by 90 days. Click here to subscribe and see the real-time charts in the Members section.
The first chart shows that the contraction in employment in 2009 was twice as bad as it was during the 2002 recession.
Note: 2010 is a year-to-date comparision between the first 107 data points of 2010 and 2009.
Note: 2010 = 0.89%
The next chart is the same as above, but uses the data series adjusted for the “Making Work Pay” tax credit which reduced withholdings beginning in April 2009. Click here for an explanation of the adjusted data.
Note: 2010 is a year-to-date comparision between the first 107 data points of 2010 and 2009.
Note: 2010 = 3.35%
The second chart shows that, even with the upward adjustments, 2009 was a very bad year for the paychecks of American workers.