Posted by: Rick Bateman | June 20, 2009

Mapping The Present To The Past

Remember this table? This is from my first post to this blog back in March.

Now look at how U.S. employment has been effected from Dec ‘08 to May ‘09. The red line indicates Dec ‘08. Look at how “All Goods” and “All Services” below compare to “Durables” (aka Goods) and “Services”  above. Virtually identical patters of impact.
Employment Changes 2009 Source: U.S. Bureau of Labor Statistics

By the way, with regard to my earlier post about positive employment in the health sector, almost all the change you see above in “Education & Health” actually comes from health while the education portion of this sector is virtually flat. But flat is still better than down. See http://www.bls.gov/news.release/empsit.t14.htm for those details if interested.


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