Friday, January 10, 2014

 

L-Shaped Recovery Graphs


This is the only reason the friendly-to-the-government unemployment rate (see below) has gone down. People who have left the work force don't count as unemployed.


Some of this increase is the Baby Boom retiring, but mostly it's laid off workers failing to find a job, giving up and leaving the labor force.

L-Shaped, indeed, without the mass exodus. Note too that nearly 9 Million people left the work force between 2001 and 2009, to be fair, but one and a half times that since the Obama Administration befell us.

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# posted by Roger Fraley @ 3:26 PM
Comments:
Does this link work to get you to the comment of Mesaeconguy at Coyoteblog?

http://www.coyoteblog.com/coyote_blog/2014/01/presented-with-many-questions-but-no-comment.html#comment-1195709856

Check it out.
# posted by Anonymous ColoComment : 7:40 PM
 
Yes, it worked. Good points. Thanks.
# posted by Blogger Roger Fraley : 7:13 AM
 
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