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Jumat, 02 Desember 2011
Recovery-less Recovery: Unemployment Duration November 2011
Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed were mixed in November and remained epically distressed by historic standards.
Workers unemployed 27 weeks or more declined to 5.691 million or 43% of all unemployed workers while the median number of weeks unemployed increased to 21.6 weeks and the average stay on unemployment increased to 40.9 weeks, the highest level ever recorded.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 04 November 2011
Recovery-less Recovery: Unemployment Duration October 2011
Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed improved in October and remained epically distressed by historic standards.
Workers unemployed 27 weeks or more declined to 5.876 million or 42.4% of all unemployed workers while the median number of weeks unemployed declined to 20.8 weeks and the average stay on unemployment declined to 42.4 weeks, a new high for the series.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 07 Oktober 2011
Recovery-less Recovery: Unemployment Duration September 2011
Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed worsened notably in September and remained epically distressed by historic standards.
Workers unemployed 27 weeks or more increased to 6.242 million or 44.6% of all unemployed workers while the median number of weeks unemployed increased to 22.2 weeks and the average stay on unemployment increased to 40.5 weeks, a new high for the series.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 05 Agustus 2011
Recovery-less Recovery: Unemployment Duration July 2011
Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed went mixed in July while remaining epically distressed by historic standards.
Workers unemployed 27 weeks or more declined to 6.18 million or 44.4% of all unemployed workers while the median number of weeks unemployed declined to 21.2 weeks and the average stay on unemployment jumped to 40.4 weeks, a new high for the series.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 08 Juli 2011
Recovery-less Recovery: Unemployment Duration June 2011
Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed worsened notably in June while remaining epically distressed by historic standards.
Workers unemployed 27 weeks or more jumped to 6.28 million or 44.4% of all unemployed workers while the median number of weeks unemployed increased to 22.5 weeks and the average stay on unemployment surged to 39.9 weeks, a new high for the series.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 03 Juni 2011
Recovery-less Recovery: Unemployment Duration May 2011
average duration
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economy
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full time unemployment
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long term unemployment
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median average unemployment
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Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.Today's employment situation report showed that conditions for the long term unemployed worsened in May while remaining epically distressed by historic standards.
Workers unemployed 27 weeks or more jumped to 6.2 million or 45.1% of all unemployed workers while the median number of weeks unemployed increased to 22.0 weeks and the average stay on unemployment surged to 39.7 weeks, a new high for the series.
Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.
Jumat, 06 Mei 2011
On The Margin: Total Unemployment April 2011
Today’s Employment Situation report showed that in April “total unemployment” including all marginally attached workers increased to 15.9% while the traditionally reported unemployment rate increased to 9%.The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
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