08 May 2022

More on the Jobs Report

Some useful graph pr0n, courtesy of Calculated risk.  (Here and here)

First, the "Scariest Jobs Chart Ever" which shows that finance driven recessions are significantly worse than what you get form a pandemic that has killed millions of people:

Labor force participation:

Long term unemployed:

Unemployment rate:

All in all, it's a nice graphic representation of what is going on.

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