Employment Situation NFP Chart Porn

Thursday, July 03, 2008 | 11:00 AM

No further words necessary

Year-Over-Year Changes, Employment Components
Employmentjune
Via Jake


Temporary Help Services Employment

Steinberg_chart1
Via Bruce Steinberg.net

>


UPDATE II:
July 3, 2008 4:25pm

Jake writes: For clarification, calculations in the chart are not percents of percents, but in fact the year over year change in the number of ACTUAL people in:

*The labor force
*Employed
*Unemployed
*Not in labor force

That's hugely helpful. Thanks, Jake

>

UPDATE: July 3, 2008 2:46pm

Political Calculations takes issue with Jake's chart up top (A Lousy Unemployment Chart and Bad Math) -- but I am unconvinced of their argument. 

A percentage change of a big number is less than the same percentage change of a smaller number. Hey, that's how percentages work.

Request for assistance:  How else would one depict the year-over-year change in a number that is itself a percentage? The goal is to convey information quickly and accurately.

I'm all ears for suggestions . . .

~~~


Thursday, July 03, 2008 | 11:00 AM | Permalink | Comments (26) | TrackBack (0)
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Comments

Kudlow debating Reich now, saying he sees no signs of recession. If Obama gets elected, he will turn from Goldilocks Larry to Tinfoil Hat Larry...I guarantee it. What Bush will do is tank the economy the minute Obama gets elected...they'll pull the plug on all positive spin.

Posted by: Steve Barry | Jul 3, 2008 11:11:15 AM

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