Take the Employment/Population graph from 21 December and show all the years:
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| 1 |
Compare it to the picture of inflation-adjusted GDP:
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| 2 |
There's not much similarity to write home about. However... Take those two series, put 'em together on the same graph, and look at "percent change from year ago":
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| 3 |
The employment-to-population ratio runs generally lower. But the two lines are similar now.
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