Chart Of The Day II


Leonhart finds a study comparing the current downturn to the 1982 recession:

Strikingly, for nearly every age group the unemployment rate is higher today than it was during the worst of the early 1980s recession.

And DiA isn't impressed by the Obama administration's attempt to put a positive spin on today's underwhelming job report:

The average voter is most likely to have job opportunities as a ready heuristic about the state of the economy, not the manufacturing production index. For the White House to frame a fairly depressing report about people's lived experiences as a sign of "continued healing" strikes one of those dissonant notes that we thought Barack Obama, the great communicator, would avoid as president.