{"id":38267,"date":"2011-08-06T10:36:46","date_gmt":"2011-08-06T15:36:46","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=38267"},"modified":"2012-02-20T16:18:00","modified_gmt":"2012-02-20T21:18:00","slug":"u-s-unemployment-data","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2011\/08\/06\/u-s-unemployment-data\/","title":{"rendered":"U.S. Unemployment Data"},"content":{"rendered":"<p>Laura E. sent in a link to the <a href=\"http:\/\/www.offthechartsblog.org\/todays-jobs-report-in-pictures-6\/\" target=\"_blank\">Off the Charts<\/a> blog by the <a href=\"http:\/\/www.cbpp.org\/cms\/index.cfm?fa=view&amp;id=3252\" target=\"_blank\">Center for Budget and Policy Priorities<\/a>. They posted a set of charts highlighting ongoing unemployment in the U.S. Overall, the private sector has been adding jobs, but at generally very low levels:<\/p>\n<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs3-monthly.jpeg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-38269\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs3-monthly.jpeg\" alt=\"\" width=\"490\" height=\"309\" \/><\/a><\/p>\n<p>But we lost so many jobs relative to the overall working-age population during this recession that the slow job growth simply isn&#8217;t enough to significantly alter the unemployment rate, which is still hovering around 9% (though much higher for some groups, particularly young people and racial and ethnic minorities):<\/p>\n<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs1-comparison.jpeg\" data-rel=\"lightbox-image-1\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-38268\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs1-comparison.jpeg\" alt=\"\" width=\"407\" height=\"282\" \/><\/a><\/p>\n<p>The increased labor force participation we saw during the 1990s and 200s have been erased:<\/p>\n<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs4-EPop.jpeg\" data-rel=\"lightbox-image-2\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-38270\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/8-5-11jobs4-EPop.jpeg\" alt=\"\" width=\"491\" height=\"307\" \/><\/a><\/p>\n<p>The CBPP has a <a href=\"http:\/\/www.cbpp.org\/cms\/index.cfm?fa=view&amp;id=3252\" target=\"_blank\">collection of recession-related charts<\/a>, including this graph of the number of individuals needing a job per each available job opening, a ratio that remains quite discouraging:<\/p>\n<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/Unemployed-workers-per-job-opening.jpeg\" data-rel=\"lightbox-image-3\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-38271\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/Unemployed-workers-per-job-opening-500x341.jpg\" alt=\"\" width=\"500\" height=\"341\" srcset=\"https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/Unemployed-workers-per-job-opening-500x341.jpg 500w, https:\/\/thesocietypages.org\/socimages\/files\/2011\/08\/Unemployed-workers-per-job-opening.jpeg 538w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>In the last few days since the debt ceiling fiasco, a number of economic experts have begun discussing the possibility of a double-dip recession and, as you may have heard, last night Standard &amp; Poor&#8217;s downgraded the U.S. debt rating. Overall, it&#8217;s not an encouraging picture of our immediate economic future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laura E. sent in a link to the Off the Charts blog by the Center for Budget and Policy Priorities. They posted a set of charts highlighting ongoing unemployment in the U.S. Overall, the private sector has been adding jobs, but at generally very low levels: But we lost so many jobs relative to the [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[36,12498,76],"class_list":["post-38267","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-economics","tag-economics-great-recession","tag-work"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/38267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=38267"}],"version-history":[{"count":4,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/38267\/revisions"}],"predecessor-version":[{"id":45110,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/38267\/revisions\/45110"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=38267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=38267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=38267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}