Showing posts with label job market. Show all posts
Showing posts with label job market. Show all posts

Friday, August 6, 2010

July 2010 Unemployment Graphs





Longer. Deeper. And flat at the bottom. Unfortunately that describes the 2007 employment recession...

The Employment-Population ratio decreased to 58.4% in July from 58.5% in June...

The Labor Force Participation Rate decreased to 64.6% from 64.7% in June...
The reason the unemployment rate was steady at 9.5% was because people left the workforce - and that is not good news. As the employment picture improves, people will return to the labor force, and that will put upward pressure on the unemployment rate...

According to the BLS, there are 6.572 million workers who have been unemployed for more than 26 weeks and still want a job. This is 4.3% of the civilian workforce, just below the record set last month.

source

Saturday, August 8, 2009

A Decade Without Job Growth

“For the first time since the Depression, the American economy has added virtually no jobs in the private sector over a 10-year period. The total number of jobs has grown a bit, but that is only because of government hiring.

The accompanying charts show the job performance from July 1999, when the economy was booming and companies were complaining about how hard it was to find workers, through July of this year, when the economy was mired in the deepest and longest recession since World War II. For the decade, there was a net gain of 121,000 private sector jobs, according to the survey of employers conducted each month by the Bureau of Labor Statistics. In an economy with 109 million such jobs, that indicated an annual growth rate for the 10 years of 0.01 percent.”

source and source

Wednesday, January 7, 2009

Best and Worst Jobs

The BestThe Worst
1. Mathematician 200. Lumberjack
2. Actuary 199. Dairy Farmer
3. Statistician 198. Taxi Driver
4. Biologist 197. Seaman
5. Software Engineer 196. EMT
6. Computer Systems Analyst 195. Garbage Collector
7. Historian 194. Welder
8. Sociologist 193. Roustabout
9. Industrial Designer 192. Ironworker
10. Accountant 191. Construction Worker
11. Economist 190. Mail Carrier


read the WSJ article

and for the full list here