There's bad...

...and there's really bad.

From the always interesting The Society Pages:

% OF JOBS LOST IN RECESSIONS SINCE 1948

by gwen, 9 hours ago at 06:18 pm

Kelsey C., a master’s student at the University of Colorado-Boulder, sent in this image fromCalculated Risk showing the percent of jobs lost in each recession since 1948, relative to the peak of the pre-recession job market. In terms of the percent of jobs lost, the current recession is by far the worst we’ve seen since World War II:

(click on graphic to enlarge)

The Bureau of Labor Statistics has a detailed report on employment (or the lack thereof) as of October 2010 available — including information on length of unemployment, numbers working part-time because they can’t find full-time work, labor force participation broken down by race/ethnicity, sex, and educational attainment, Veteran status, disability status, and more!

That's one sobering chart...