Over at voiceofsandiego.org I put up an article about the October employment figures with the typical chart plus a comparison with the 1990s recession. For the chart-happy, additional charts can be found below.
This one is the same as the chart at Voice except in percent terms instead of job terms.
The problem being that there is no more counterweight coming from outside the housing beneficiary sectors:
All of the above track year-over-year changes so that we can see the trends in growth (or shrinkage) without seasonal bumps and vallies distorting the picture. To give an idea of the overall scale of what’s happened to our job market, here is a chart showing the overall percent change from a fixed point two Octobers ago: