Every Job We Created and Lost in the Last 5 Years—in 2 Graphs

More

The Great Recession hit rock bottom in February 2010. If you compare jobs lost two years before the trough with 30 months after the trough, you'll find only three large sectors have made up their losses:

-- Mining (extractors, operators, engineers), which is up 90,000.

-- Utilities (repairers, installers, more engineers), which is up 11,000.

-- Leisure & Hospitality (fitness trainers, artists, plus everybody who works with food, hotels, or parks), which is up 102,000.

Besides health care and education, which never stopped growing, every other major job sector is net negative compared to five years ago. These graphs from today's Bloomberg Brief by Scott Johnson.

Screen Shot 2012-09-10 at 3.00.16 PM.png

Screen Shot 2012-09-10 at 3.00.24 PM.png

An amazing thing about the health care sector is that it expanded at the same rate both approaching the unemployment trough and coming out of it. Government is the odd duck, growing as unemployment increased and shedding jobs as the economy grew.

>

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

A Breathtaking Tour Above the Moab Desert

Filmmaker Ian Cresswell rigs an HD camera atop a remote-controlled "octocopter" for some spectacular aerial views.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Where Time Comes From

The clocks that coordinate your cellphone, GPS, and more

Video

Computer Vision Syndrome and You

Save your eyes. Take breaks.

Video

What Happens in 60 Seconds

Quantifying human activity around the world

Writers

Up
Down

More in Business

Just In