The latest BLS numbers are out. The figures for the male employment-population ratio is above, and they are not good - the contraction in the last month was comparable to the rates of contraction during the recent recession.
The picture for women was not a whole lot better:
4 comments:
R.G. Price had a good article regarding unemployment and education, you might like it.
http://www.rationalrevolution.net/blog/index.blog?entry_id=2088117
69% of women employed, ~80% of men in the 25/54 demo. That's a lot of peoplein the prime of life not working - 39% of women and ~20% of men. Who knew there were some many rich people?
Mr Sunshine:
It's not the rich who make up most of that 20%, it's the uneducated. See here.
I've been watching the statistics for the 55-64 year-old cohort, since I think this is the group that Congress is more likely to regard as the crisis. While the unemployment rate is not as high for the oldsters (of which I am one), once unemployed they stay unemployed significantly longer than the population as a whole. This is also the group for whom non-employer health insurance is most likely to be unaffordable or unavailable.
And the oldsters are organized -- Congress critters listen to the AARP. It seems a safe bet that the AARP will get at least some attention from Congress for a group that can't afford to retire, can't afford (or get in many cases) health insurance, and can't find a job.
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