Historical Perspective – Employment And Output

Here are two charts from the Minneapolis Fed site: http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/index.cfm They show, from a historical context, how declines in employment and output during this period of economic weakness (which FRB Minneapolis refers to as a recession) compare to those of previous recessions. First, the employment chart.  Here are two notes regarding this chart: 1. Employment … Read moreHistorical Perspective – Employment And Output