All charts from Bianco Research:

 

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lots more charts after the jump

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Source: Bianco Research

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.

4 Responses to “A Visual Look At Employment”

  1. Joel826 says:

    My prediction is that Hurricane Sandy is going to be enormously stimulative, after the short-term unemployment fades. If you hear anyone coin the phrase “Weatherized Keynesianism,” it’s from me.

  2. McMike says:

    Is “enormously stimulative” a good thing? If yes, then instead of allowing a storm to do it for free, we can do one better and pay the military to blow up and destroy stuff so we can rebuild it?

  3. RW says:

    The state of infrastructure in the US is so poor that hiring the military to blow it up would just be a waste of more money. We’re over two trillion dollars behind on needed repair and replacement and there isn’t enough money available at the state, county and municipality level to reverse the decay.

    Call it another casualty of starving the beast strategy: Revenue restriction does not necessarily lead to spending discipline but it almost invariably leads to deferral of that which can be deferred; e.g., repair and replacement.

  4. victor says:

    @Joel826: nope, it’s a loss, an absolute loss, see “The broken window”, Ce qu’on voit et ce qu’on ne voit pas.

    Manufacturing is now coming back, thanks to Nat Gas and Tight Oil all over the Lower 48 States. Petrochem first, followed by many other pure manufacturing companies taking advantage of cheap energy/feedstock. Ultimate irony: The Obama Administration has been presiding over the most vigorous revival of the hydrocarbon sector of our economy in decades spearheaded by hydraulic fracturing, with its major player Halliburton, once headed by Dick Cheney. Happy Hanukkah, be good and give, give, give, it’ll come back ten fold.