Once again, we’ve scoured the intertubes looking for the most interesting, unusual and informative charts about the Employment Situation, to use the BLS vernacular.

Here are 10 of the best of what we found (as always, click for larger charts):

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Labor Utilization: U3 versus U6 Unemployment


Courtesy of EconomPic
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Monthly Change in Payroll Employment

(1000s)

courtesy of Briefing.com

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Unit Labor Cost Relative to Inflation

(82% correlation)

Courtesy of Haver Analytics (David Rosenberg, Gluskin Sheff)

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Unemployment Rate by Educational Attainment


courtesy of Chart of the Day

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Temporary Help Hiring


Courtesy of Bruce Steinberg.net

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Some Sectors Show Signs of Life

Courtesy of EconomPic

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Comparing Post WW2 Recessions


Courtesy of CalculatedRisk

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NFIB Survey Data:

Courtesy of NFIB

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Breakdown of Unemployed by Race, Gender

(Interactive WSJ chart)

courtesy of WSJ

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Payroll Employment and Hiring Plans

Courtesy of BCA

Category: Employment

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

8 Responses to “Employment Chart Roundup”

  1. Dow says:

    Strange presentation of U3 & U6. It’s too easy to miss that the two scales have a different baseline.

  2. michaelismoe says:

    The employment situation can’t be that bad – the stock market keeps going up.

  3. Simon says:

    IMO The calculated risk chart says it all. I think one could write several 500 page volumes based on that chart. It contains a history of the last 60 years.

  4. TrendsThatMatter says:

    Great work Barry assembling these diverse views. this is a real service. No single view is enough to capture the unfolding “employment situation”

    What would make it even better would be for each chart to be accompanied with a mini-story with the gist of the message the chart creator was aiming to deliver by creating that particular graph instead of all the other possible graphs one might have chosen to create with the same data.

    The chart viewers could still come to their own conclusions about the “meaning” of the chart, but at least they wouldn’t have to guess at the creator’s intentions.

  5. CrisisMaven says:

    I believe this “good” job news are just a smear effect of high government subsidies, “quantitative easing” which both bloat GDP and other indicators plus a similar effect as in the Great Depression where people begin to think the worst may be over and gingerly start investing again. Plus low warehouse stocks sometimes necessitate new production etc. Little do they yet take into account that all this will probably come to an abrupt halt when the second, and bigger, wave of mortgage defaults begins to hit 2010 and right through the whole of 2011!

  6. [...] An employment chart round-up.  (Big Picture) [...]

  7. RyeGuyPdx says:

    Along with the comaprison chart from Calculated Risk, I find the unit labor cost relative to inflation the scariest chart in this roundup. I understand that early recovery “productivity” gains can increase this gap, but this appears to be something entirely different. I guess if we’re lucky it’s just stagflation; if we’re not it augurs a deflationary spiral. Feeling Japanese yet?