February 2012

BLS Spotlight on Statistics: The Recession of 20072009

Chart Data

Different Effects on Different Industries

 

Percent change in employment, at annual rate, selected industries, six most recent recessions, 1973–2009
Industry Recession period
Nov 1973

Mar 1975
Jan 1980

Jul 1980
Jul 1981

Nov 1982
Jul 1990

Mar 1991
Mar 2001

Nov 2001
Dec 2007

Jun 2009

Construction

-10.9 -11.5 -6.2 -11.0 -1.7 -13.7

Manufacturing

-7.8 -10.2 -8.4 -4.7 -9.7 -10.0

Retail trade

0.4 -1.5 -0.3 -2.6 -2.0 -4.5

Financial activities

1.2 2.9 0.7 -0.6 0.9 -3.9

Professional and business services

1.4 1.5 0.5 -2.8 -5.7 -6.0

Education and health services

3.5 3.8 1.9 5.2 3.9 2.2

NOTE: Because recessions vary in length, the percentage changes shown in the chart are each calculated across a different number of months for each recession and then converted to percentages expressed on an annualized basis.

Source: Current Employment Statistics | Chart

 

 

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PDF Version: The Recession of 20072009


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