ritholtz.com - 15 days ago
—
Tomorrow is NFP day — and when those numbers come out, we won’t have much time to discuss much else.
So while I am winging to Austin early this a.m., I wanted to share these interesting run of charts, via F lowing Data , showing relative unemployment in the US.
2004, 5.5% ...
moneywatch.bnet.com - 10 days ago
—
moneywatch.bnet.com —
The most recent employment report shows the unemployment
rate at 10.2 percent, and the broader unemployment rate
that accounts for part-time work and discouraged workers at 17.5 percent. With numbers like these, can we expect good news on the ...
(more)
Why Employment Might Not Fully Recover Until 2013
norris.blogs.nytimes.com - 10 days ago
—
norris.blogs.nytimes.com —
Employment was up in October, and the unemployment
rate was unchanged, no matter what you may have
read. The news looked bad only because of seasonal adjustments.
(more)
Did Unemployment Really Rise?
marketwatch.com - 14 days ago
—
marketwatch.com —
Alert Email Print By Rex Nutting , MarketWatch
WASHINGTON (MarketWatch) - The U.S. unemployment rate climbed to
10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. Nonfarm payrolls dropped by ...
(more)
Unemployment rate hits 10.2% in October
Comments
Blog Reactions
NewsFlashr Editor’s Picks for Nov 5
Afraid to Trade.com Blog —
... Barry Ritholtz of the Big Picture shares two graphs of US Unemployment - one from 2004 when the unemployment rate was 5.5% and the other now from 2009 when the unemployment rate is 9.8%. Very revealing. ...
Friday Mid-Session
Trading to Win —
... It seems the politburo has announced 10.2% unemployment today, but this map speaks louder than even those sugar-coated numbers they spoon feed to the gullible public. Yes, I trade just like the rest of you, but I cannot, and will not hide my disgust and stay true to myself and those who know me well. Can I bury those thoughts while I trade? You betcha I can because it has to be done to stay profitable, and that's why we're here afterall... to be profitable. But as I was pouring through some charts to share outside of our usual views on the indices, I brought up ...
This Week’s Links
Business Pundit —
Money hacker: The wealthiest kids in the world (via Wall Street Fighter).
The Big Picture has a scary US unemployment map (2004-present).
Alice Schroeder analyzes Buffett’s Burlington purchase–and claims he’s not as all-out bullish on the economy as he sounds.
EcoSalon has the stories behind ten popular organic brands (eg., which ones are independently run, and which ones are owned by large corporations).
Speaking of green…how green is your pet? (New Scientist)
Related Content
Long-Term Unemployment
economistsview.typepad.com 19 days ago — [Calculated as the this divided by the this .]
There's Unemployment, and Then There's Unemployment
paul.kedrosky.com 1/11/2009 — I have been sent this Reuters story from yesterday umpteen times, so I may as well post it, as well as the underlying graph. The gist: If unemployment were being measured the same way as it was during the Depression, the U.S. would be well on its way ...
How Bad Will it Get?
economistsview.typepad.com 2/18/2009 — It's not looking good. Many people have been trying to make the case that the current downturn is no worse than the downturns in the 1970s and 1980s, but there's reason to think this downturn is following a different, more worrisome trajectory:
...
True Unemployment Numbers
philstockworld.com 7/9/2009 — Courtesy of John Lounsbury :
The current official unemployment figure (9.5% for June) should be replaced (or at least supplemented) by a better measurement of actual unemployment. Unemployment should be measured in terms of hours worked by all employees, full-time and part-time. ...
The Big Picture
bigpicture.typepad.com 9/30/2009 — Unemployment Reporting: A Modest Proposal (U3 + U6) Earlier this week, I received an email from the Real Estate editor of an (unnamed) publication. They wrote: "Just wanted to point out something I read in a Wall St. Journal article that made me think ...
Weekly Unemployment Claims Portend Disaster
globaleconomicanalysis.blogspot.com 8/1/2009 — The Department of Labor Weekly Unemployment Report is now so skewed by abnormalities, it is difficult to get a clear picture. First, let's take a look at the data. Seasonally Adjusted Data In the week ending July 25, the advance figure for seasonally ...
Unemployment Update
gregmankiw.blogspot.com 12 days ago — Click here for my interpretation of the graph.
Unemployment Update
gregmankiw.blogspot.com 10/7/2009 — Click here for my interpretation of the graph.
Continuing Claims vs Economically-lagging Unemployment
ritholtz.com 5/10/2009 — Bob Bronson took a closer look at what the Unemployment data was suugesting. His view: Continuing Claims are contradicting the widely accepted view that “Less Bad Emplyment data = end of recession.”
Bronson:
“Continuing Claims ...