Saturday, November 6, 2010

Unemployment in October: Still no improvement + US added 151,000 jobs in Oct - growth first time since May; Broad measure of unemployment dipped slightly to 17%

[mEDITate-OR:
not see how different these presentations really are...
reporting to U.S. the same numbers.

The first 2 graphs show the same payroll number changes.
however, the RTT graph includes hourly earnings.

The 3rd graph shows U.S. how unchanged the Unemployment figure is this year.

BLS's 4th graph shows U.S. that hours worked dropped through Sept 09
but have been increasing for the last year.
suggesting that employers were decreasing hours instead of employees
and now are increasing hours, but not employees
both retaining as many top workers as they could

The 5th graph shows U.S. the difference between U-3 and U-6
as they point out, the "under-employed" are a large as the fully unemployed.
Which shows U.S. how much more we will need to do.

The 6th chart from CA shows U.S. that we are from 100 to 150 K under what we need in order to start employing BOTH those that lost their jobs and the increased population.
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NonFarmPayroll-110510.jpg
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jobs-2010-11.jpg
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Unemployment is usually reported as people actively seeking work (U3, red line): that remains unchanged from last month, 9.6 percent. If you include people who are not looking for work and those who are employed less than they would like to be, i.e. underemployed or working part-time but hoping for a full-time job (U6, blue line), that's almost twice as many people: 17.0 percent of the adult population. The green area shows the change in the blue line (U6) since 1 year prior.
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Unemployment in October: Still no improvement
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US added 151,000 jobs in October - growth for the first time since May 
Broad measure of unemployment dipped slightly to 17%
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Jobs Data Highlights the Challenges for Washington
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Economy Adds 151,000 Jobs In October, But Employment Rate Falls
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