Chart 4. Total nonfarm employment indexed to employment peak, seasonally adjusted (February 2020 = 100)
Number of months preceding or following month of employment peak	July 1981	June 1990	February 2001	January 2008	February 2020
-3	100	100	100	100	99
-2	100	100	100	100	100
-1	100	100	100	100	100
0	100	100	100	100	100
1	100	100	100	100	99
2	100	100	100	100	85
3	100	100	100	100	87
4	100	100	100	100	90
5	99	99	100	99	92
6	99	99	99	99	93
7	99	99	99	99	93
8	99	99	99	99	93
9	98	99	99	98	94
10	98	99	99	98	93
Source: U.S. Bureau of Labor Statistics, Current Employment Statistics survey.