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What If Hiring Had Returned to Pre-Recession Levels?

Created on November 29, 2011

What If Hiring Had Returned to Pre-Recession Levels?

If Hiring Had Returned to Pre-Recession Levels

Recession Ends

Percentage Change in Payroll Employment

Chart 4 •  WM 3422

heritage.org

Actual

–0.2%

–6.5%

Source: Heritage Foundation calculations using data from the U.S. Department of Labor, Bureau of Labor Statistics, “Business Employment Dynamics” (BED), at http://www.bls.gov/bdm/ (November 22, 2011), and “Current Employment Statistics” (CES), at http://www.bls.gov/ces/ (November 22, 2011). Note that because these figures combine figures from the BED and CES they differ slightly from the data in Chart 1, which uses only data from the CES.