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Unemployment Remains High Due to Lack of New Jobs, Not Layoffs

Created on September 1, 2011

Unemployment Remains High Due to Lack of New Jobs, Not Layoffs

Unemployment Remains High Due to Lack of New Jobs, Not Layoffs

Millions of Gross Job Gains and Losses per Quarter

Chart 4 • B 2602

heritage.org

Gross Job Losses

 

2010 Q3

2007 Q4

Gross Job Gains

 

Q3 2010

Q1 2010

Q1 2009

Q1 2008

Q1 2007

Q1 2006

Q1 2005

Q1 2004

Q1 2003

Q1 2002

Q1 2001

Source: U.S. Department of Labor, Bureau of Labor Statistics, Business Employment Dynamics / Haver Analytics.