Econom my
Employment Civilian Unemployment Rate
Employment – Total Private Payroll
Seasonally adjusted
Total job gain/loss (thousands)
12%
600
11%
400
Oct. 2009: 10.0%
10%
8.8mm jobs lost
200
9% 0 8%
8.7mm jobs gained
-200 7%
Feb. 2014: 6.7%
-400
6%
-600
5%
50-yr. avg.: 6.1% -800
4%
3% '70
'80
'90
Source: BLS, FactSet, J.P. Morgan Asset Management. Guide to the Markets – U.S. Data are as of 3/31/14.
24
'00
'10
-1,000 , '04
'05
'06
'07
'08
'09
'10
'11
'12
'13