We investigate the dependence of the local galaxy luminosity function on mo
rphology using 5404 galaxies from the recently enlarged Second Southern Sky
Redshift Survey (SSRS2). Over the range -22 less than or equal to M-B less
than or equal to - 14 (H-0 = 100 km s(-1) Mpc(-1)), the luminosity functio
n of early-type galaxies is well fitted by a Schechter function with parame
ters M-* = -19.37(-0.11)(+0.10), alpha = -1.00(-0.09)(+0.09), and phi(*) =
4.4 +/- 0.8 x 10(-3) Mpc(-3). The spiral luminosity function is very simila
r and is well fitted by the parameters M-* = -19.43(-0.08)(+0.08), alpha =
-1.11(-0.06)(+0.07), and phi(*) = 8.0 +/- 1.4 x 10(-3) Mpc(-3) over the sam
e range in absolute magnitude. The flat faint end of the early-type luminos
ity function is consistent with earlier measurements from the CfA Redshift
Survey (Marzke et al.) but is significantly steeper than the slope measured
in the Stromlo-APM survey (Loveday et al.). Combined with the increased no
rmalization of the overall LF measured from intermediate-redshift surveys,
the flat faint-end slope of the E/S0 LF produces no-evolution models that r
eproduce the deep Hubble Space Telescope (HST) counts of early-type galaxie
s remarkably well. However, the observed normalization of the SSRS2 LF is c
onsistent with the low value measured in other local redshift surveys. The
cause of this lo-redshift anomaly remains unknown. The luminosity function
of irregular and peculiar galaxies in the SSRS2 is very steep: M-* -19.78(-
0.50)(+0.40) alpha = -1.81(-0.24)(+0.24), and phi(*) = 0.2 +/- 0.08 x 10(-3
) Mpc(-3). The steep slope at the faint end is consistent with the LFs meas
ured for Sm-Im galaxies in the CfA survey, UV-selected galaxies (Treyer et
al.), star-forming held galaxies (Bromley et al.), and the bluest galaxies
in the SSRS2 (Marzke & da Costal. As shown by Driver, Windhorst, & Griffith
s, the steep LF reduces the observed excess of faint irregulars over no-evo
lution predictions but cannot explain it entirely.