I’m putting together an “economic update” presentation for next week and am including a figure I and just about everyone else I have seen do these things includes. However, it reminded me of how little I see it out on the blogosphere.

It’s total employment in the United States over the last 20 years:

FRED Graph

Currently we have fewer people working in America than just before the dot-com bust. Taken all together this has just been a brutal decade on the jobs front.

The 90s were of course unusually good but even in historical perspective the current period is striking. Levels over the last 70 years.

FRED Graph

And on a log scale

FRED Graph

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