Total nonfarm

Job changes over the last seven business cycles, total nonfarm employment

Month 1960 peak 1969 peak 1973 peak 1981 peak 1990 peak 2001 peak 2007 peak
-24
-23
-22
-21
-20
-19
-18 105.6%
-17 105.6%
-16 101.6% 103.2% 105.6%
-15 101.8% 103.1% 105.5%
-14 101.9% 103.0% 105.4%
-13 102.1% 102.9% 105.2%
-12 102.1% 102.7% 105.1%
-11 101.2% 102.3% 102.4% 104.9%
-10 102.3% 101.1% 102.5% 102.0% 104.7%
-9 101.7% 101.3% 102.5% 102.0% 104.4%
-8 101.5% 101.5% 102.6% 101.9% 101.2% 101.2% 104.0%
-7 101.4% 101.3% 102.6% 101.5% 101.0% 101.0% 103.5%
-6 101.3% 101.0% 102.6% 101.5% 100.9% 101.0% 102.9%
-5 101.3% 100.9% 102.6% 101.2% 100.7% 100.9% 102.3%
-4 101.1% 100.9% 102.1% 100.8% 100.6% 100.8% 101.8%
-3 100.8% 100.7% 101.3% 100.7% 100.5% 100.7% 101.2%
-2 100.4% 100.8% 100.8% 100.5% 100.4% 100.5% 100.6%
-1 100.2% 100.2% 100.4% 100.1% 100.1% 100.2% 100.4%
0  100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
1 100.2% 100.5% 99.8% 100.0% 99.8% 99.9% 99.7%
2 100.1% 100.6% 100.0% 100.2% 99.7% 99.8% 99.6%
3 100.4% 100.6% 99.8% 100.2% 99.8% 99.7% 99.4%
4 100.8% 100.6% 100.2% 100.3% 99.7% 99.6% 99.3%
5 101.1% 100.9% 100.7% 100.7% 99.8% 99.6% 99.3%
6 101.4% 101.2% 100.8% 101.0% 99.8% 99.6% 99.1%
7 101.6% 101.2% 101.2% 101.4% 99.8% 99.6% 99.1%
8 101.8% 101.3% 101.3% 101.9% 99.7% 99.6% 99.0%
9 102.2% 101.4% 101.8% 101.5% 99.8% 99.6% 99.2%
10 102.5% 101.7% 102.4% 102.8% 99.8% 99.5% 99.3%
11 102.5% 101.8% 102.8% 103.1% 99.8% 99.6% 99.7%
12 103.0% 102.0% 103.1% 103.5% 99.8% 99.6% 99.6%
13 103.2% 102.4% 103.4% 103.9% 100.0% 99.5% 99.6%
14 103.8% 102.9% 103.5% 104.4% 100.1% 99.6% 99.5%
15 103.9% 103.2% 103.6% 104.9% 100.1% 99.4% 99.5%
16 103.9% 103.6% 103.8% 105.2% 100.2% 99.3% 99.7%
17 104.1% 103.9% 104.0% 105.6% 100.3% 99.2% 99.8%
18 104.3% 104.3% 104.2% 106.0% 100.4% 99.3% 99.9%
19 104.5% 104.8% 104.2% 106.4% 100.5% 99.3% 99.9%
20 104.6% 104.7% 104.7% 106.8% 100.6% 99.3% 100.0%
21 104.7% 105.3% 105.0% 107.0% 100.8% 99.2% 100.2%
22 104.6% 105.5% 105.3% 107.4% 101.1% 99.3% 100.5%
23 104.8% 106.1% 105.7% 107.7% 101.4% 99.5% 100.5%
24 105.0% 106.5% 106.2% 108.1% 101.3% 99.5% 100.7%
25 105.2% 106.9% 106.6% 108.2% 101.6% 99.6% 100.8%
26 105.6% 107.4% 107.1% 108.5% 101.8% 99.7% 100.9%
27 105.7% 108.0% 107.6% 108.7% 102.0% 99.7% 101.0%
28 105.8% 108.3% 108.1% 109.1% 102.3% 100.0% 101.2%
29 106.0% 108.6% 108.4% 109.3% 102.4% 100.2% 101.3%
30 106.3% 108.9% 109.0% 109.6% 102.7% 100.4% 101.5%
31 106.6% 109.2% 109.3% 109.8% 102.9% 100.5% 101.7%
32 107.0% 109.2% 109.8% 110.0% 103.1% 100.5% 101.9%
33 106.9% 109.6% 110.1% 110.2% 103.4% 100.6% 102.1%
34 107.1% 109.8% 110.4% 110.4% 103.7% 100.7% 102.2%
35 107.3% 110.2% 110.8% 110.6% 103.9% 101.0% 102.2%
36 107.8% 110.7% 111.5% 110.9% 104.3% 101.0% 102.3%
37 108.1% 112.4% 111.1% 104.6% 101.1% 102.4%
38 108.2% 112.9% 111.2% 104.9% 101.2% 102.5%
39 108.5% 113.4% 111.3% 105.2% 101.4% 102.7%
40 108.7% 113.8% 111.4% 105.6% 101.5% 102.8%
41 109.1% 114.1% 111.6% 105.8% 101.8% 102.9%
42 109.5% 114.3% 111.8% 106.2% 101.9% 103.1%
43 110.0% 114.7% 111.7% 106.3% 102.1% 103.3%
44 109.8% 115.3% 112.0% 106.7% 102.4% 103.5%
45 110.6% 115.7% 112.2% 107.0% 102.6% 103.6%
46 111.0% 115.9% 112.6% 107.3% 102.6% 103.7%
47 111.3% 116.2% 112.8% 107.5% 102.7% 103.9%
48 111.7% 116.7% 113.0% 107.7% 102.9% 104.0%
49 112.0% 116.7% 113.2% 107.8% 103.0% 104.1%
50 112.5% 117.1% 113.4% 107.8% 103.3% 104.3%
51 113.0% 117.6% 113.7% 108.0% 103.5% 104.4%
52 113.3% 117.7% 113.9% 108.1% 103.7% 104.6%
53 113.8% 117.8% 114.3% 108.3% 103.8% 104.8%
54 114.3% 117.8% 114.6% 108.6% 103.9% 104.8%
55 114.8% 118.0% 114.8% 108.7% 103.9% 105.0%
56 115.2% 118.2% 115.2% 108.9% 104.1% 105.1%
57 115.8% 118.3% 115.4% 109.0% 104.2% 105.3%
58 116.4% 118.5% 115.6% 109.0% 104.3% 105.6%
59 116.8% 116.2% 109.4% 104.3% 105.8%
60 117.3% 116.4% 109.6% 104.5% 106.0%
61 118.0% 116.8% 109.8% 104.6% 106.1%
62 118.4% 116.9% 110.1% 104.8% 106.3%
63 119.0% 117.4% 110.3% 104.9% 106.5%
64 119.7% 117.7% 110.5% 105.0% 106.7%
65 120.1% 118.0% 110.7% 105.1% 107.0%
66 120.4% 118.2% 110.9% 105.2% 107.1%
67 120.7% 118.6% 111.1% 105.3% 107.3%
68 121.1% 118.9% 111.4% 105.2% 107.5%
69 121.4% 119.0% 111.6% 105.2% 107.6%
70 121.7% 119.4% 111.8% 105.3% 107.8%
71 122.1% 119.7% 112.1% 105.4% 108.0%
72 122.2% 120.1% 112.4% 105.4% 108.2%
73 122.4% 120.4% 112.6% 105.5% 108.4%
74 122.2% 120.7% 112.9% 108.5%
75 122.5% 121.0% 113.1% 108.6%
76 122.8% 121.2% 113.4% 108.8%
77 123.0% 121.4% 113.4% 109.0%
78 123.5% 121.5% 113.8% 109.2%
79 123.5% 121.7% 114.2% 109.3%
80 123.7% 121.7% 114.4% 109.5%
81 124.5% 121.8% 114.7% 109.7%
82 124.9% 122.1% 115.0% 109.8%
83 124.7% 122.2% 115.2% 109.8%
84 125.5% 122.5% 115.3% 110.0%
85 125.7% 122.6% 115.5% 110.3%
86 126.1% 123.0% 115.9% 110.4%
87 126.3% 123.3% 116.1% 110.6%
88 126.8% 123.5% 116.2% 110.7%
89 127.2% 123.5% 116.6% 110.9%
90 127.6% 123.7% 116.8% 111.0%
91 127.9% 123.7% 116.9% 111.2%
92 128.3% 123.7% 117.2% 111.4%
93 128.8% 117.5% 111.4%
94 129.3% 117.6% 111.5%
95 129.7% 118.0% 111.7%
96 130.1% 118.1% 111.8%
97 130.5% 118.5% 112.0%
98 130.8% 118.6% 112.2%
99 131.3% 118.9% 112.2%
100 131.9% 119.2% 112.4%
101 132.1% 119.3% 112.5%
102 132.6% 119.5% 112.7%
103 132.4% 119.9% 112.8%
104 132.8% 120.2% 113.1%
105 132.7% 120.5% 113.2%
106 133.0% 120.7% 113.3%
107 120.8%
108 121.2%
109 121.5%
110 121.7%
111 121.6%
112 121.8%
113 121.8%
114 121.9%
115 121.9%
116 122.1%
117 122.2%
118 122.2%
119 122.3%
120 122.3%
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Note: The line for each recession begins at the official start of the recession, so the length of the line to the left of zero indicates the length of each recession.

Source: EPI analysis of Bureau of Labor Statistics Current Employment Statistics public data series

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