Some data on the impact of a job loss on earnings

Over at Macroblog (see here) John Robertson takes a look at some recent research on the impact of a job loss on job earnings (using data from the research of Princeton Professor Henry Farber).  He summarizes some of the data in the chart below (click to enlarge):

Mr. Robertson says,

My reading of this information is that the lower earnings of re-employed displaced workers don't appear to be contributing to the current sluggish aggregate income picture significantly more so than in the past. Instead we have to look at other factors, such as the continuing difficulty job losers have had finding a new job and especially a full-time job.