Friday, December 3, 2010

Dismal Employment Stats


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:

  1. 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

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  2. 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?

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  3. Mr Sunshine:

    It's not the rich who make up most of that 20%, it's the uneducated. See here.

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  4. 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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