The Scariest Jobs Chart Ever

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, Aug 2, 2013 The Scariest Jobs Chart Ever The U.S. economy added just 162,000 jobs in July, missing expectations for 185,000 new jobs.  To make things worse, the June jobs number was revised down to +188,000 from last month's estimate of +195,000 jobs. And as the labor force participation rate fell, the unemployment rate ticked down to 7.4%. All of this reminds us that despite the upticks in jobs, the overall jobs market remains anemic four years into the economic recovery. Calculated Risk runs a chart every month that puts the current jobs recovery into perspective. "This shows the depth of the recent employment recession — worse than any other post-war recession — and the relatively slow recovery due to the lingering effects of the housing bust and financial crisis," writes Bill McBride of Calculated Risk. Read » Also On Markets Today: TECH STOCKS FALL: Here's What You Need To Know Michigan Judge Says Detroit Bankruptcy Is Unconstitutional, Demands Filing Be Withdrawn Advertisement CHART OF THE DAY: China's GDP Numbers Look Almost Too 'Smooth' To Be True CHART OF THE DAY: The Chinese Premier's 2 Favorite Economic Indicators Look Super Depressing CHART OF THE DAY: Here's What It Looks Like When The Bond Market Goes Into A Coma Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Markets RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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