Job Losses in Post WWII Recessions

The following link will take you to an interesting chart.  The chart plots job losses for recessions since World War II.  It clearly illustrates why many refer to the current recession as the “Great Recession”. Full article here….

Pimco’s El-Erian Sees Volatility for Stocks

El-Erian says, “That investors should keep their seat belts on. The disappointing jobs report is further evidence that drivers of self sustaining private consumption growth are facing structural problems that result in slow income growth.”  Read...