America's Economic Future – A Discussion By Ted Kavadas
From time to time, I will write posts that contain the Unemployment Rate or various other job loss measures. I show these statistics as they are widely used and quoted by others. From my perspective, however, the methodology used to measure the various job loss and unemployment statistics does not provide an accurate depiction. There are a variety …
I would like to present an interesting chart on job losses. My last chart concerning job losses was posted on September 10. The commentary I presented there is still highly applicable to the latest unemployment numbers. This chart is from http://www.calculatedriskblog.com/ from October 2. I like this chart as it presents a depiction of the relative severity …
Here is an updated chart from chartoftheday.com that I have shown and discussed previously, in my July 7 post: http://www.chartoftheday.com/20090904.htm?T There are other charts similar to this, from other sources…however, I find this chart particularly interesting as it incorporates the long-term averages of two other periods. As I wrote in my July 7 post: “As …
I ran across the following chart from chartoftheday.com, and found it interesting: http://www.chartoftheday.com/20090703.htm?T As one can see, the current degree of job losses is rather atypical. I would also like to highlight another issue as well. From a historical perspective, this (purported) recession, that the NBER has classified as having started in December 2007, is …