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To me the most shocking thing is not so much the absolute values. It's the curvature. The other graphs all have a positive curvature, that is to say jobs may be lost, but they are lost more and more slowly as time goes on.

This one has negative second derivative, by the looks of it, which means that not only are people losing jobs, job losses are accelerating.

Which is way more scary than the current unemployment rate in and of itself.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Feb 9th, 2009 at 01:19:56 PM EST
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