Posts filed under “Employment”
click for larger graphic
Source: Radio Open Source
When it comes to paying for college, lots of people are asking “why does it cost so much, and it is it worth it in the end?”
Radio Open Source has a scattergram chart above that helps answer the question. It shows the increasing cost on the horizontal (X Axis) and the return on that investment on the vertical (Y Axis).
There seems to be a slight advantage in returns to private schools versus the (In State) public colleges, but at a very great additional cost.
Eyeballing this, the area under the curve shows a fairly poor return on investment. No wonder so many college graduates are unhappy with their student debt.
@TBPInvictus here: On April 17, 2012, North Carolina Congresswoman Virginia Foxx stood before her colleagues in the House of Representatives and said (emphasis mine): Ms. FOXX. Mr. Speaker, the March employment report continues to show us that the Federal Government has not been helping to create jobs in our economy. A Wall Street Journal editorial…Read More
Lakshman Achuthan is co-founder and managing director of the Economic Cycle Research Institute (ECRI), an independent organization focused on business cycle analysis and forecasting in the tradition established by ECRI’s co-founder, Geoffrey H. Moore. ECRI maintains business cycle chronologies for 20 countries around the world other than the U.S. Lakshman is the managing editor of…Read More
May 5, 2014 The Media’s Reporting of the April Unemployment Rate – A Little Knowledge Can Be Dangerous Economists have “trained” the media to quickly check out what has happened to the labor force when the unemployment rate declines. If the unemployment rate drops and so, too, does the labor force, then the decline in…Read More
I love this set of headlines from Neil Irwin: Source: NY Times We have spent a lot of columns arguing that NFP should be mostly ignored by traders, but Irwin does a masterful job showing the varied responses the BLS model creates to what is eesentially the same exact data. Be sure to see…Read More
I thoroughly enjoy the regular polls that Gallup releases. I am aware of all the flaws and pitfalls of these surveys. Indeed, each new sample provides an opportunity to sharpen one’s statistical cynicism. Sometimes, however, they offer insights into specific aspects of the American psyche, helping to clarify my thinking about societal, economic and market…Read More
Source: National Employment Law Project I really like this bubble chart. I saw it last night in a report from the National Employment Law Project titled: “The Low-Wage Recovery: Industry Employment and Wages Four Years into the Recovery.” Interestingly, the data has provoked opposing reactions from two media outlets. The Washington Post’s Wonkblog used…Read More
click for larger graphic Source: Calculated Risk Have a look at the chart above, via Calculated Risk. It aligns the depths of all eleven post WW2 recessions, showing how long it took them to recover all of the jobs lost. The outlier is the 2007-09 contraction, which according to the chart above, is…Read More