I was recently searching for some data comparing the current recession to past recessions. Of course, the best way to capture people’s attention ( and imagination) is through graphics. The Burea of Labor Statistics also agrees:

That light blue line somewhere between red and green, yeah, that's us.

The light blue line is where we stand, our rate is noticabely faster and more pronounced than any of the other six recessions. But hopefully, that also means the rate of recovery will be just as fast. If it’s not, it looks like we are in it for the long haul: a slow, steady recovery from the recession. What does that mean for you? It’s time to plan accordingly. Maybe find ways to create your own source of income? Something else I’m learning, jobs start to rebound a number of months after the market tends to rebound, and after businesses start to get comfortable with their growth outlook.

Any thoughts?