Not out of the woods yet, but things are getting better....

As I mentioned in a previous post, there are signs that the economy is starting to rebound. Sadly, job growth/loss (the indicator which most directly impacts most people) always lags other indicators, but there is good news even there:

This is a chart showing monthly job gains/losses. After steady declines in job losses since the President signed the Recovery Act in February 2009, the economy is actually starting to gain jobs. Of course, it will take a while for jobs to open up for the bulk of people who have lost work during this downturn, and layoffs do continue. (A dear friend of mine was laid off just this month.) But the worst does appear to be over. The trends are moving in the right direction....

April 2 Update: The "bikini graph" has been updated with the latest data......