Sunday, February 5, 2012

The Employment Numbers

The above shows the employment numbers from a telling perspective. The curve showing percent in base has declined again, allowing the decrease in the reported numbers. And this is WITH the seasonally adjusted numbers. Thus the number is truly less optimistic than what has been presented.
The above shows that using the base of employables before the collapse that we are still at 12% or higher in unemployed. The rate may be declining but not when adjusted for the base.
The above shows population and employed. Note the dip but also note that we are now barely keeping pace in rate of growth. This does not bode well. The numbers are "good" only because they have been adjusted; adjusted by seasonal number and adjusted by reducing the employable base.