Friday, April 06, 2007

Putting that NYT payrolls chart in perspective

Remember that NYT chart from earlier today? Well, one of my favorite chart-makers, Wcw, or West-Coast Whiner, has helpfully converted it into a line chart, which does kinda put it in perspective. Here's Wcw's chart, with the NYT chart underneath:

Nfpyoy.Mar072

As you can see, there is a case to be made that payrolls are falling slowing down on a year-on-year basis, even though they're rising accelerating on a month-on-month basis. But in the grand scheme of things they're actually pretty steady, compared to the wild swings we've seen in the past.

Posted by Felix at 17:56 EST

Comments

Eh? "there is a case to be made that payrolls are falling on a year-on-year basis" Rate of growth slowing, you mean?

Posted by: Bernard Guerrero at 13:26 EST, April 09, 2007

Quite right. Sorry. Fixed.

Posted by: Felix at 13:40 EST, April 09, 2007

Post a comment




Remember Me?


(you may use HTML tags for style)

Search felixsalmon.com:
A blog about finance and economics, mostly, by Felix Salmon in New York City. Email me.

Felix Salmon: Recent posts

Felix's del.icio.us links

Archives