not see we are stuck..., in a rut..., and can't get out...
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Jul 06 09:00 AM
Actually, John, your charts do help U.S. see what we need to. We have asked Jim @ CR to insert a shorter period chart on many of his long term charts so we can see better the current levels of fluctuation.
What his chart does not, but yours does, is show U.S. the LACK of movement. As Sherlock pointed out, the dog didn't bark.
We are NOT seeing any major change in the direction of unemployment consolidation, nor the end of it.
What his chart does not, but yours does, is show U.S. the LACK of movement. As Sherlock pointed out, the dog didn't bark.
We are NOT seeing any major change in the direction of unemployment consolidation, nor the end of it.
Bad, very bad.
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The current consolidation period is now approaching twice the duration of the longest of the other three (1983). This is reflective of the unprecedented duration of long-term unemployment shown in theCalculated Risk graph at the start of the article.
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Long-Term Unemployment Is Still a Problem
July 05, 2010
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