Non Farm Payroll hints at jobless recovery

Ok, I say OK, a lot, because I write like I think. OK, I have the data set for non-farm payrolls from Jan 1948 to present. Basically, NFP, shows how many jobs were created over long periods of time by the economy. I have graphed NFP against the recessions periods. And like many other recession statistics, it does not look good. Basically, what you see is the makings of another jobless recovery with employment increasing payrolls very little.

You can also see that this recession is the longest and deepest since the great depression.


Graph of Non Farm Payrolls.