Saturday, June 5, 2010

May Employment Report: 20K Jobs ex-Census = Employment-Population Ratio, Part Time Workers, Unemployed over 26 Weeks

[mEDITate-OR:
calculate how much you are loosing by not having "Calculated ([y]our?) Risk"...

First, remember to visit CR's web site for the large view.

Second, you should look at and compare the 2nd and 3rd charts.
Same info, different perspective.
Available ONLY from Jim @ CR.

------------
This graph shows the unemployment rate and the year over year change in employment vs. recessions.
The second graph shows the job losses from the start of the employment recession, in percentage terms (as opposed to the number of jobs lost).
---------
This graph shows the job losses from the start of the employment recession, in percentage terms - but this time aligned at the bottom of the recession.
This graph shows the employment-population ratio; this is the ratio of employed Americans to the adult population.

The number of persons employed part time for economic reasons (some-times referred to as involuntary part-time workers) declined by 343,000 in May to 8.8 million. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.
The blue line is the number of workers unemployed for 27 weeks or more. The red line is the same data as a percent of the civilian workforce.
--------
This graph is a favorite of those expecting a huge rebound in employment. The graph is a little complicated - the red line is the three month average change in temporary help services (left axis). This is shifted four months into the future The blue line (right axis) is the three month average change in total employment (excluding temporary help services and Census hiring).
=========

No comments:

Post a Comment