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Unemployment post-recession
This graph has been making the rounds (I got it from Barry Ritholtz’s). It shows the percentage change in unemployment (Y-axis) and the months since the official start of the recession. What’s...
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Unemployment rate
Pick your favorite, worst recession and compare with how we are doing now. There are even predictions that unemployment may reach 12%. Unemployment is always a relative thing but this chart looks at...
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Unemployment
Here’s is Calculated Risk’s version of the scariest chart. It shows the change in employment as a percent since the peak employment near the beginning of the recession; for this recession, that’s Dec...
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Unemployment won’t recover for 157 months (2021)
If we look at employment prior to the Great Recession compared to now there is a difference of 11.3 million jobs (from Bookings institute). Now how long is it going to take to return to that level? If...
View ArticleThe Machines Are Coming
Machines aren’t used because they perform some tasks that much better than humans, but because, in many cases, they do a “good enough” job while also being cheaper, more predictable and easier to...
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