Trends in Establishment Employment

Just for information, here's actual establishment employment (the black line) and two trends. The first (the blue trend line) is based on the 1950 - 2001 period; the second (red) trend line is based on the 1950 - 2007 period. My own sense is that the trend for the 1950 - 2001 period fits the earlier part of establishment employment better, and is more consistent with the observation that establishment employment grew quite slowly in the first decade of the 21st century, even if we use only the period up to 2007 to establish our trend. Click on the chart to enlarge it.