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Nice chart from Barry Ritholtz: Source: Big Picture Unemployment is very bad now — 9.7% — and it could very well get worse over the next six months or so.
Via Paul Krugman, this is kind of fascinating. Jonathan Portes provides us with this chart, which shows the trajectory in Britain of both the Great Depression and the current Great Recession. The ...
Inclusive of the Great Depression, the average recovery has taken 32.75 months to exceed its former peak and we are at 43 months and still counting and have a ways to go to exceed the 2007 peak ...
U.S. jobless rate has already broken Great Depression records — and most media missed it | Salon.com
U.S. jobless rate has already broken Great Depression records — and most media missed it ... which ran a bar chart of historic unemployment going back to 1946 across the top of the front page, ...
Long-term unemployment has not affected all Americans evenly. African-Americans and the poor make up 23 percent and 34 percent of the ranks of the long-term unemployed, respectively.
The American economy plunged deeper into crisis last month, losing 20.5 million jobs as the unemployment rate jumped to 14.7 percent, the worst devastation since the Great Depression.
The soaring U.S. unemployment rate might not match the peak of 25% seen during the Great Depression of the 1930s, but it could come uncomfortably close in the next few months.
Just how deep is the largest drop in employment since the Great Depression? It nearly drops off the printed page. Although I have digital subscriptions to several business newspapers and magazines ...
Comparison's between our current economic condition and the Great Depression may be highly exaggerated, if this chart is to be believed. Right now our unemployment situation may seem bad, but it's ...
Here at the facts: When Trump left office in January 2021, U.S. job growth had dipped and unemployment had soared to its highest peak since the Great Depression — when Hoover was in office.
(For comparison's sake, the unemployment rate rose during the Great Depression to around 25% in 1932.) By December 2020, the rate had fallen to 6.7%. Meanwhile, under Biden, February 2021's ...
U.S. jobless rate has already broken Great Depression records — and most media missed it - Salon.com
U.S. jobless rate has already broken Great Depression records — and most media missed it ... which ran a bar chart of historic unemployment going back to 1946 across the top of the front page, ...
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