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Officially Reported Unemployment Rate

ANALYZING MONTHLY JOBS NUMBERS AND THE CHALLENGING PATH TO RECOVERY 140 SEPTEMBER 2012 138 PRE-RECESSION JOB LEVEL IN MILLIONS 136 ORIGINAL TARGET CREATE 192,000 JOBS PER MONTH BASED ON A 39 MONTH RECOVERY 134 FEBRUARY 2012 132 REVISED TARGET 130 CREATE AN AVERAGE 755,000 JOBS PER MONTH TO RETURN TO JULY 2009 PRE-RECESSION JOB LEVEL 128 126 124 12 16 20 24 28 32 36 40 Recession Recovery History (Number of months to return to pre-recession job levels) *The worst performing recovery in the post WWII era took thirty-nine months to get back to pre-recession employment levels ORIGINAL TARGET BASED ON 39 MONTH RECOVERY: Balance pre-recession employment levels by creating 192,000 jobs per month for thirty-nine months following the end of the recession in July, 2009. ACTUAL EMPLOYMENT NUMBERS DURING CURRENT RECOVERY FORECASTED RECOVERY: Create 755,000 jobs for the next seven months to reach pre-recession employment levels. American Free Entexpvise. Dream Big. is the U.S. Chamber of Commerce's comprehensive, multiyear campaign to support free enterprise through grassroots advocacy, citizen, community, and youth engagement; and research and ideas leadership. American Free Enterprise. Dream Big. Employment Level (in millions) 1970 Recession (Six Months) L1975 Recession (Nine Months) 1961 Recession (Ten Months) 1958/1982 Recessions (Twelve Moniths) 1954 Recession (Thirteen Months) 1991 Recession (Twenty-three Months) 2001 Recession (Thirty-nine Months)

Officially Reported Unemployment Rate

shared by GeeGrl on Mar 26
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Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.

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Economy
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