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Two Extremely Ugly Charts About The Current US Recovery

Feb 1, 2013, 23:25 IST

The Minneapolis Fed has compiled a series of interactive charts which allows users to compare U.S. recessions and the corresponding economic recoveries.

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In light of this week's unexpected 0.1 percent decline in 4Q GDP and today's less-than-stellar nonfarm payrolls report, it's worth taking a second look at the current recovery compare to other post-WWII recoveries.

Here's employment. It's another way of looking at the "scariest jobs chart ever."

Minneapolis Fed


And here's GDP:

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Minneapolis Fed


The 1980 recovery had a very ugly and pronounced double-dip recession. Still, fourteen quarters in, the 2007 recovery is worse than the 1980 recovery.

From an employment standpoint, only the dot-com jobs recovery lags the pace of the recovery from the 2007 recession.

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